Friday 26th, April 2024
canara news

NPCIL, Westinghouse agree to begin engg work on 6 N-reactors

Published On : 08 Jun 2016


Washington, Jun 7 (PTI) The Nuclear Power Corporation of India and US firm Westinghouse have agreed to begin engineering and site design work immediately for six nuclear power plant reactors in India and conclude contractual arrangements by June 2017, the White House said today.

Culminating a decade of partnership on civil nuclear issues, Prime Minister Narendra Modi and US President Barack Obama during their White House meeting "welcomed" the start of preparatory work on site in India for six AP1000 reactors to be built by Westinghouse, officials here said.

The two leaders also noted the intention of India and the US Export-Import Bank to work together toward a competitive financing package for the project, the White House said.

Once completed, the project would be among the largest of its kind, fulfilling the promise of the US-India civil nuclear agreement and demonstrating a shared commitment to meet India's growing energy needs while reducing reliance on fossil fuels.

Obama and Modi also welcomed the announcement by the Nuclear Power Corporation of India (NPCIL) and Westinghouse that engineering and site design work will begin immediately and the two sides will work toward finalising the contractual arrangements by June 2017, the White House said.

These reactors would bring clean energy to India and generate thousands of jobs in the US, Brian Deese, Senior Advisor to the US President, told reporters in a conference call.

The White House said the steps that the two governments have taken in the last two years through the US-India Contact Group, including by addressing the nuclear liability issue, inter alia, through India's ratification of the Convention on Supplementary Compensation for Nuclear Damage, have laid a strong foundation for a long-term partnership between US and Indian companies for building nuclear power plants in India.







More News

Bhagwat demands law for Ram temple construction in Ayodhya
Bhagwat demands law for Ram temple construction in Ayodhya
Break your silence on Rafale deal: Congress tells Modi
Break your silence on Rafale deal: Congress tells Modi
BJP's Shah says allegations against Minister Akbar need to be verified
BJP's Shah says allegations against Minister Akbar need to be verified

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.