TVEL () is also a Russian abbreviation of the "heat-releasing element", fuel rod.
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. He headed the company until 2000.
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.
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, and larger trials in the French supplied reactors at Koeberg Nuclear Power Station are planned.
The chairman of the board of directors is Yuri Olenin. The president of TVEL is Natalia Nikipelova.