As part of a push for cleaner energy, India's Federal Government is planning permit foreign investment in its civil nuclear power industry, and also allow greater participation by domestic private firms. These measures were recommended by a government panel, set up by think-tank Niti Aayog which is headed by Prime...
Westinghouse Hopes to Close the India Reactor Deal by March
According to Business Standard Toshiba Corporation's Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, CEO Daniel Roderick said, in time for a possible visit by Prime Minister Narendra Modi to Washington to attend a global nuclear summit. A Westinghouse team was already...
India Reports “forward looking” Talks with U.S. Nuclear Energy Advance Team
Ahead of President Barack Obama’s visit to India in late January 2015, a meeting of a US-India contact group took place in New Delhi to have discussions on civil nuclear cooperation. The negotiators included U.S. industry representatives from GE-Hitachi and Westinghouse and counterparts from the Nuclear Power Corporation of India,...
India needs to address concerns about nuclear liability
According to the Economic Times, the US-India Business Council (USIBC) has said that India needs to address the concerns of nuclear liability bill if it wants foreign and domestic Indian suppliers to participate fully in the Indian Market. USIBC also said that two companies (GE Hitachi Nuclear Energy and Westinghouse Electric Company)...
Nuclear energy production rises 22 percent in India
Aided by imported uranium and new plants, India' s Nuclear Power Corporation (NPCIL) generated 32,455 million units of electricity in the year ended March 31, 2012, 22.5 per cent higher than the year before. Currently, NPCIL operates 19 nuclear power reactors in the country. NPCIL said revenue was $1.9 billion...