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Nuclear Power Boom Fuels Piping Giants
19 Jul
Summary
- Maharashtra plans 25.4 GW nuclear capacity, attracting ₹6.5 lakh crore investment.
- Ratnamani Metals is India's only NPCIL-approved facility for critical nuclear spools.
- DEE Development and Welspun Corp are also poised to benefit from nuclear expansion.
India's commitment to bolstering nuclear energy, targeting 100 GW by 2047, is stimulating significant growth across its manufacturing supply chain. Maharashtra is leading this charge, with proposals valued at approximately ₹6.5 lakh crore for nearly 25.4 GW of nuclear capacity.
Ratnamani Metals & Tubes, through its subsidiary RFSS, is uniquely positioned as India's sole NPCIL-approved facility for critical nuclear pipe spools. RFSS currently holds an order book of ₹550 crore, with a significant portion expected for execution in FY27.
DEE Development Engineers is expanding its high-pressure process piping solutions, aligning with the sector's revival. The company has diversified into pilot plants and is expanding its manufacturing capacity to meet anticipated demand.
Welspun Corp is also strategically entering the nuclear sector via its subsidiary Welspun Specialty Solutions, focusing on stainless steel bars, pipes, tubes, and critical reactor components like Nickel Alloy 800H.
These companies are anticipating sustained demand, with a single 1 GW nuclear plant requiring substantial quantities of pipe spools. The projected growth in nuclear capacity presents a multi-year outlook for sustained business opportunities.
