Westinghouse Electric Company has set an ambitious goal for India: as many as 18 of its AP1000 nuclear reactors operating in the country by 2047. If realized, the program would represent roughly 20 gigawatts of new generating capacity and make the American nuclear technology company a significant participant in India’s...
India Seeks $9 Billion Loan For Westinghouse Reactor
India is reportedly negotiating with the U.S. government's Export-Import Bank for a loan of up to $9 billion in order to help finance a six-unit nuclear unit that involves Westinghouse Electric's AP1000 technology, reports Nuclear Street. However, with the presidential elections ahead, the current situation at the bank is not...