Friday, January 16, 2009

Nuclear Power: Westinghouse Electric Company

Westinghouse Electric Company, a US-based nuclear power firm, signed a memorandum of understanding with India's largest engineering company, Larsen and Toubro Ltd. to manufacture modular nuclear power reactors yesterday (Friday).
WEC is also exploring the possiblilty of a partnership with the state owned Nuclear Power Corporation of India, Meena Mutyala, WEC's vice-president for global growth and innovation, said. (Source: Print editition of The Economic Times today)
Other corporate nuclear power companies with plans to set up in India include General Electric and Areva, a France-based company with a listed unit in India.
The Russian government representatives also visited New delhi and signed a vague MoU related to nuclear power. I don't rate the chances of a Russian firm manufacturing nuclear power reactors in India as very high, for obvious geo-political reasons.

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