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TVEL (Russian: ТВЭЛ, romanized: tvel) is also a Russian abbreviation of the "heat-releasing element", fuel rod.

TVEL Fuel Company
Company type	Open joint stock company
Industry	Nuclear industry
Founded	1996
Headquarters	Moscow
Key people	Vitaliy Konovalov (Founder) Sergei Sobyanin (Chairman of the board) Anton Badenkov (Acting president)
Products	Nuclear fuel
Revenue	$3.17 billion^[1] (2017)
Operating income	$983 million^[1] (2017)
Net income	$82 million^[1] (2017)
Total assets	$6.76 billion^[1] (2017)
Total equity	$5.45 billion^[1] (2017)
Parent	Atomenergoprom (Rosatom)
Website	www.tvel.ru

The TVEL Fuel Company (TVEL) is a Rosatom-owned nuclear fuel cycle company headquartered in Moscow. It has operated since 1996.

History and operations

The company was founded by Vitaliy Konovalov in 1996.^[2] He headed the company until 2000.^[2]

It works mainly in uranium enrichment and the production of nuclear fuel. TVEL belongs to the Atomenergoprom holding company (part of Rosatom).

TVEL supplies fuel to the Czech Republic, Slovakia, Bulgaria, Hungary, Ukraine, Armenia, Lithuania, Finland, China and India. In the world, 73 power reactors (17% of the world market by number) and 30 research reactors are currently running with TVEL made fuel.^{[citation needed]}

TVEL is developing the TVS-K fuel assembly for Western-designed reactors. In 2017 TVS-K was in pilot usage at Ringhals Nuclear Power Plant,^[3] and larger trials in the French supplied reactors at Koeberg Nuclear Power Station are planned.^[4]^[5]

The chairman of the board of directors is Yuri Olenin.^[6] The president of TVEL is Natalia Nikipelova.^[7]

Subsidiaries

Nuclear fuel production^[8]

Separation-sublimation assets^[9]

Research institutes and design bureaus^[10]

References

^ ^a ^b ^c ^d ^e "Консолидированная финансовая отчетность по МСФО за 2017 год" (PDF). Retrieved 7 November 2018.
^ ^a ^b "Company History". JSC TVEL. Archived from the original on 27 December 2021. Retrieved 5 March 2022.
^ "A Russian export brand". Nuclear Engineering International. 13 September 2017. Retrieved 27 September 2017.
^ "Russia offers fuel design for Western PWRs". Nuclear Engineering International. 28 July 2023. Retrieved 6 August 2023.
^ "South Africa's Necsa and Russia's TVEL sign nuclear fuel MoU". World Nuclear News. 2 August 2023. Retrieved 6 August 2023.
^ "Board of Directors".
^ "President".
^ "Фабрикация ядерного топлива". Tvel.ru. Retrieved 4 August 2017.
^ "Разделительно-сублиматный комплекс". Tvel.ru. Archived from the original on 4 July 2018. Retrieved 4 August 2017.
^ "Научно-конструкторский блок". Tvel.ru. Retrieved 4 August 2017.

External links

Official website (in Russian)

v t e Rosatom
Atomenergomash	Atommash OKB Gidropress OKBM Afrikantov
Atomenergoprom	ARMZ Uranium Holding Rosenergoatom Techsnabexport TVEL subsidiaries Uranium One
Atomstroyexport	Nukem Technologies
Research institutes	Institute of Physics and Power Engineering Luch Scientific Production Association All-Russian Scientific Research Institute of Experimental Physics
Other companies	Atomflot Krasnaya Zvezda State Enterprise Mayak Mining and Chemical Combine V. G. Khlopin Radium Institute

v t e TVEL
Nuclear fuel production	Chepetskiy Mechanical Plant Elektrostal Machine-Building Plant Novosibirsk Chemical Concentrates Plant
Separative-sublimate assets	Angarsk Electrochemical Combine Siberian Chemical Combine Ural Electrochemical Combine Zelenogorsk Electrochemical Plant
Parent company: Atomenergoprom (Rosatom Group)