The Hi-Touch Marine and Stationary Engine (HiMSEN Engine) developed by Hyundai Heavy Industries has entered the Indian nuclear power plant market.
Hyundai Heavy Industries said on July 9 that it has recently signed an agreement with India's privately-owned power company Powerica to supply an emergency generator worth US$49 million.
The emergency generator will consist of 10 units of the 6.3 MW medium-sized HiMSEN Engine and be supplied to Nuclear Reactors No. 3 and No. 4 at Kudankulam Nuclear Power Plant in Tamil Nadu, southern India by 2022.
This contract is worth noting as Hyundai Heavy Industries has landed it by beating European engine makers which preempted the emergency generator market in India.
Emergency generators for nuclear power plants help reactors operate stably by supplying electric power to water pumps when nuclear power plants stop in an emergency situation. In order to prevent serious accidents such as a meltdown at nuclear power plants, emergency power must be supplied within 15 seconds.
"Twenty-one new nuclear power plants will be constructed in India alone by 2031," a Hyundai Heavy Industries official said. "This contract will create momentum for our efforts to expand our presence in India, which is emerging as one of the world's three largest nuclear power markets with China and Russia.”
Hyundai Heavy Industries has received orders for a total of 39 emergency generators for domestic and overseas nuclear power plants, including those in the UAE, the United Kingdom and Pakistan, since taking the first order for Kori Nuclear Power Plant in Korea in 2010. It has supplied 11 of them so far.