The India Expert

This weekin Mumbai, India, President and Chief Executive Officer of Westinghouse Electric Company Aris S Candris and Chairman and Managing Director of NPCIL S K Jain signed a memorandum of understanding to begin discussions on the sale of several AP1000 nuclear reactors. This enable the company that has supplied technology for half the world’s reactors to make the first steps to enter India’s market.

Last October India and the United States signed a landmark civilian nuclear energy treaty that enables India to nuclear import technology and products.  France’s Areva has already shipped 60 tons of Uranium for the country’s current plants and Kazakhstan’s President has signed an agreement for the country to supply addition fuel. Areva has also been assigned a site for construction of its first nuclear power plant in India, probably in Ratnagiri district.  GE-Hitachi signed an MOU with NPCIL, India  a short while ago.

Posted on May 31st, 2009 by Gunjan

California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. He is author of Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market (Hachette Book Group, July 2008).