Holtec Asia

We are pleased to report that Nuclear Power Corporation of India Limited (NPCIL), India’s sole nuclear plant owner and operator, has placed its first order for spent fuel and damaged fuel storage racks for its new away-from-reactor wet storage facility for the Kudankulam Nuclear Power Plant (KKNPP) with Holtec Asia, a Holtec subsidiary.

We are pleased to announce that our Pune, India based subsidiary, Holtec Asia, has received an order for two transport casks from Mumbai-based Nuclear Power Corporation of India Limited (NPCIL) to serve the away-from-reactor storage facility for the country’s Kudankulam Nuclear Power Plant (KKNPP) located on the east coast of the Tamil Nadu state.

We are pleased to announce that a leading architect, engineer and constructor in the United States, has awarded a contract to Holtec International to provide the Company’s patented innovative induced draft air cooled condenser (ACC) system for a power generation project in Elwood, Illinois. The shorthand for Holtec’s induced draft air-cooled condenser system is “HI-KOOL.”

Maharashtra’s Chief Minister Mr. Devendra Fadnavis hosted the signing of a Memorandum of Understanding with Holtec Asia to establish a manufacturing facility that would give India autonomous capability to produce systems and components to support the country’s planned expansion of nuclear generation.

2015 will be remembered as the year when several of Holtec International’s game-changing technologies, some in development for over a decade, underwent their inaugural deployments.

The president of the Engineers’ Club of Philadelphia presented the George Washington Medal to Holtec’s CEO Dr. Kris Singh, at a luncheon on Thursday, May 29, 2014. The George Washington Medal, established by the Club in 1967, is awarded to an individual for outstanding contribution to technological progress through engineering management.