India’s cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts, more than the country’s entire current capacity, to try fast-track its domestic nuclear power programme.
The decision by Prime Minister Narendra Modi’s government marks the first strategic response to the near collapse of Westinghouse, the US reactor maker that had been in talks to build six of its AP1000 reactors in India. Westinghouse, owned by Japan’s Toshiba, filed for Chapter 11 bankruptcy in March after revealing billions of dollars in cost overruns at its US projects, raising doubts about whether it can complete the India deal. Read more…
Credit By: Tribune
Latest posts by Tribuneindia.com (see all)
- Indian cabinet approves plans to build 10 nuclear reactors – May 18, 2017
- Anil Kumar Gupta takes over as GM of Western Railway – May 11, 2017
- Soon, a mega app to answer all your rail-related queries – April 23, 2017