A memorandum on civil nuclear cooperation was signed by prime ministers Modi of India and Abe of Japan, during the latter’s visit to India. The technical details and legal aspects to implement the pact will be decided by both sides later. The deal is Japan's first nuclear cooperation pact with...
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...
Australian Uranium to Fuel India’s Nuclear Reactors
In their first bilateral meeting during the G-20 Summit in Antalya, Turkey in November, Prime Minister Malcolm Turnbull of Australia and Prime Minister Modi of India announced the completion of procedures, including administrative agreements, for the Australia India Civil Nuclear Agreement. The agreement has opened the door for Australian uranium...
U.K. and India Sign Civil Nuclear Agreement
On the first day of Indian Prime Minister Narendra Modi's official visit to Great Britain in November, Prime Minister David Cameron signed a civil nuclear agreement with its former colony, reaffirming the importance of addressing climate change and promoting “secure, affordable and sustainable supplies of energy”. The U.K. Department of...
GE Wins $2.6 Billion Contract to Modernize India’s Railway System
General Electric has won a contract worth $2.6 billion to supply 1,000 diesel locomotives to Indian Railways over the next 11 years. This is GE’s largest contract in its 100 year association with India. GE plans to build a $200 million manufacturing facility in the state of Bihar. France’s Alstom...
Vodafone CEO Sees a New India Emerging
Economic Times reports that the Vodafone Group CEO Vittorio Colao, who had in September last year stated that doing business in India was “complicated”, said he sees positive signs at high levels. Asked if it has become easier to do business in India since Prime Minister Narendra Modi-led government took...