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.
Interesting readings - *Bonds markets are not different* on Jayanth Varma's blog, 18 September 2017. How we achieve this in India. *Jaypee: consumer angle in IBC play* by Aparna...
22 hours ago