L&T inks pact with Areva for Jaitapur nuclear power project
The agreement aims to maximise localisation for the nuclear power plant, which will be based on Areva's EPR nuclear reactor - a third generation advanced pressurised water reactor
BS B2B Bureau B2B Connect | Mumbai
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The MoU with Areva represents a major step forward for L&T in the field of pressurised water reactor technology. This is a significant addition to L&T’s existing capabilities and the lead role it has played in equipment manufacture, construction and project management for pressurised heavy water reactors in India’s domestic nuclear power program.
The MoU covers the prospect of partnership between L&T and Areva in manufacturing key nuclear island equipment, valves, piping, electrical, instrumentation and engineering work. Through this partnership, Areva will transfer technology to utilise the forging capabilities of L&T Special Steels & Heavy Forgings (a joint venture with Nuclear Power Corporation of India Limited). The partnership will support the Indian Government’s ‘Make in India’ initiative and enhance the competitiveness of the Jaitapur project, claims L&T in a press release.
M V Kotwal, whole-time director and president - heavy engineering, L&T, said, “This partnership will add new dimensions to the capabilities of India’s manufacturing sector in the nuclear business.”
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First Published: Apr 13 2015 | 10:23 AM IST