L&T, Clean Core Thorium tie-up to boost global clean energy solutions
POWER & RENEWABLE ENERGY

L&T, Clean Core Thorium tie-up to boost global clean energy solutions

Larsen & Toubro (L&T) announced a partnership with the US-based company Clean Core Thorium Energy (CCTE) to deliver global clean energy solutions. This collaboration focuses on enhancing nuclear power deployment, especially in developing nations that need substantial carbon-free electricity for growth.

The agreement includes a Memorandum of Understanding (MoU) to utilize CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel, which integrates thorium and high assay low-enriched uranium. This fuel is designed for use in pressurized heavy water reactors, such as CANDU reactors.

ANEEL fuel promises to significantly lower life-cycle operating costs and reduce waste by over 85%, while also improving safety with its Accident Tolerant Fuel characteristics. It aims to enhance energy security through large-scale thorium deployment, decreasing reliance on uranium.

L&T emphasized that the ANEEL fuel will support clean energy initiatives, promote non-proliferation, enhance safety, and contribute to the decarbonization of challenging industries. Anil Parab, L&T's Whole-time Director, highlighted the company's commitment to identifying new opportunities and establishing a robust supply chain for ANEEL fuel, aligning with Indian regulations.

Larsen & Toubro (L&T) announced a partnership with the US-based company Clean Core Thorium Energy (CCTE) to deliver global clean energy solutions. This collaboration focuses on enhancing nuclear power deployment, especially in developing nations that need substantial carbon-free electricity for growth. The agreement includes a Memorandum of Understanding (MoU) to utilize CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel, which integrates thorium and high assay low-enriched uranium. This fuel is designed for use in pressurized heavy water reactors, such as CANDU reactors. ANEEL fuel promises to significantly lower life-cycle operating costs and reduce waste by over 85%, while also improving safety with its Accident Tolerant Fuel characteristics. It aims to enhance energy security through large-scale thorium deployment, decreasing reliance on uranium. L&T emphasized that the ANEEL fuel will support clean energy initiatives, promote non-proliferation, enhance safety, and contribute to the decarbonization of challenging industries. Anil Parab, L&T's Whole-time Director, highlighted the company's commitment to identifying new opportunities and establishing a robust supply chain for ANEEL fuel, aligning with Indian regulations.

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?