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US firm, NPCIL to set up nuclear reactors in India

Setting up of these nuclear reactors will be one of the major outcomes during Modi’s visit to US

Policy Pulse
Publish Date: Jun 4 2016 9:31AM | Updated Date: Jun 4 2016 9:31AM

US firm, NPCIL to set up nuclear reactors in India

Toshiba-owned US firm Westinghouse and Nuclear Power Corporation of India Ltd (NPCIL) may come out with a deal on setting up six reactors in Andhra Pradesh’s Srikakulam area, a report in ‘The Indian Express’ has  said.

 
Setting up of these nuclear reactors possibly will be one of the major outcomes during Prime Minister Narendra Modi’s visit to the US on June 7-8, report quoted sources as aying.
 
As Modi meets US President Barack Obama a top official told the paper that this deal is being seen as big lift to the “economic and strategic relationship” between the two nations.
 
As per report, officials stated that two major developments in the diplomatic front, helped “six-reactor package” to come through. 
 
First one was the “breakthrough understanding” on nuclear liability issues between the two nations during Obama’s visit in India in January 2015.
 
The second development was the Indo-Japan nuclear treaty, which was signed in December 2015 , that let Toshiba, the parent company of Westinghouse, involve in nuclear commerce in India.
 
A pact with Japan, which had a strong nuclear non-proliferation stance, was significant for Westinghouse to take the business decision vis-à-vis India.