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India Gets Update On Westinghouse, Meant To Build Andhra Nuclear Reactors
The US administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.
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Westinghouse Officially Bankrupt. What Now For Andhra's 6 Nuclear Reactors?
As Westinghouse Electric filed for bankruptcy this morning, with $9.8 billion in liabilities, the United States reassured India that it will not default on its commitment to building six nuclear reactors in Andhra Pradesh, though it's not clear if the original deadline of June for finalising the multi-billion dollar deal will be met.
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On PM Modi And Barack Obama's Watch, Key Nuclear Deal Makes Progress
US President Barack Obama and Prime Minister Narendra Modi have welcomed the start of preparatory work for six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck more than a decade ago.
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Westinghouse To Relocate Planned Nuclear Plant To Andhra Pradesh: Officials
Toshiba Corp's Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a US-India civil nuclear accord struck over a decade ago closer to reality.
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Significant Progress Made In Civil Nuclear Deal With India: Top US Diplomat
Observing that India has made significant progress in implementing the civil nuclear deal in the last 18 months, the Obama administration told lawmakers that it is now up to individual companies to take decisions in terms of opportunities and risks.
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Westinghouse Expects To Sign Nuclear Reactor Deal With India In June: CEO
The chief executive of Toshiba Corp's Westinghouse Electric said on Wednesday that he expects to sign a deal in June to build six nuclear reactors in India after marathon negotiations that began more than a decade ago.
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Ahead Of PM Modi's Trip To US, Hopes For A Major Nuclear Reactor Deal
Toshiba Corp's Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, its CEO said, in time for a possible visit by Prime Minister Narendra Modi to Washington to attend a global nuclear summit.
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Westinghouse Nuclear Reactors Likely To Be Built In PM Modi's Gujarat: Report
India confirmed today that it was on track to seal a deal in 2016 with Westinghouse Electric Co LLC to build six nuclear reactors, in a sign the country's $150 billion nuclear power programme is getting off the ground, according to news agency Reuters.
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India Closing In On Westinghouse Deal To Build 6 Nuclear Reactors: Report
India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, in a sign its $150 billion dollar nuclear power programme is getting off the ground.
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'Cautiously Optimistic About India-US Nuclear Deal', Says Westinghouse CEO Danny Roderick
A day after India and the United States of America announced a breakthrough on the India-US civilian nuclear deal, saying the 'deal is done', all eyes are now on American companies that want to sell reactors to India. In an interview to NDTV, Danny Roderick, President and CEO of Westinghouse Electric Company, which hopes to grab a contract worth ov...
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India's pact with US N-supplier may miss PM-Obama meeting deadline
A major pact between India's nuclear power corporation and American nuclear supplier Westinghouse for a power plant in Gujarat has failed to take off in time for Prime Minister Manmohan Singh's meeting with US President Barack Obama despite New Delhi's last minute push to close the deal.
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BJP apprehensive over nuclear pact clause
The BJP on Sunday expressed apprehension that the government-owned Nuclear Power Corporation of India would give up the "right to recourse" in a pact likely to be signed soon with US firm Westinghouse, a statement said.
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First glimpse of the American nuclear reactors India seeks to buy
Hectic negotiations are going on between India and USA to clinch the first commercial deal on nuclear reactors. India seeks to buy the ultramodern Westinghouse manufactured AP 1000 nuclear reactors and install them at Mithi Vridi in Gujarat. The deal for six reactors could be worth about Rs 3,00,000 crore.
-
India Gets Update On Westinghouse, Meant To Build Andhra Nuclear Reactors
The US administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.
-
Westinghouse Officially Bankrupt. What Now For Andhra's 6 Nuclear Reactors?
As Westinghouse Electric filed for bankruptcy this morning, with $9.8 billion in liabilities, the United States reassured India that it will not default on its commitment to building six nuclear reactors in Andhra Pradesh, though it's not clear if the original deadline of June for finalising the multi-billion dollar deal will be met.
-
On PM Modi And Barack Obama's Watch, Key Nuclear Deal Makes Progress
US President Barack Obama and Prime Minister Narendra Modi have welcomed the start of preparatory work for six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck more than a decade ago.
-
Westinghouse To Relocate Planned Nuclear Plant To Andhra Pradesh: Officials
Toshiba Corp's Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a US-India civil nuclear accord struck over a decade ago closer to reality.
-
Significant Progress Made In Civil Nuclear Deal With India: Top US Diplomat
Observing that India has made significant progress in implementing the civil nuclear deal in the last 18 months, the Obama administration told lawmakers that it is now up to individual companies to take decisions in terms of opportunities and risks.
-
Westinghouse Expects To Sign Nuclear Reactor Deal With India In June: CEO
The chief executive of Toshiba Corp's Westinghouse Electric said on Wednesday that he expects to sign a deal in June to build six nuclear reactors in India after marathon negotiations that began more than a decade ago.
-
Ahead Of PM Modi's Trip To US, Hopes For A Major Nuclear Reactor Deal
Toshiba Corp's Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, its CEO said, in time for a possible visit by Prime Minister Narendra Modi to Washington to attend a global nuclear summit.
-
Westinghouse Nuclear Reactors Likely To Be Built In PM Modi's Gujarat: Report
India confirmed today that it was on track to seal a deal in 2016 with Westinghouse Electric Co LLC to build six nuclear reactors, in a sign the country's $150 billion nuclear power programme is getting off the ground, according to news agency Reuters.
-
India Closing In On Westinghouse Deal To Build 6 Nuclear Reactors: Report
India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, in a sign its $150 billion dollar nuclear power programme is getting off the ground.
-
'Cautiously Optimistic About India-US Nuclear Deal', Says Westinghouse CEO Danny Roderick
A day after India and the United States of America announced a breakthrough on the India-US civilian nuclear deal, saying the 'deal is done', all eyes are now on American companies that want to sell reactors to India. In an interview to NDTV, Danny Roderick, President and CEO of Westinghouse Electric Company, which hopes to grab a contract worth ov...
-
India's pact with US N-supplier may miss PM-Obama meeting deadline
A major pact between India's nuclear power corporation and American nuclear supplier Westinghouse for a power plant in Gujarat has failed to take off in time for Prime Minister Manmohan Singh's meeting with US President Barack Obama despite New Delhi's last minute push to close the deal.
-
BJP apprehensive over nuclear pact clause
The BJP on Sunday expressed apprehension that the government-owned Nuclear Power Corporation of India would give up the "right to recourse" in a pact likely to be signed soon with US firm Westinghouse, a statement said.
-
First glimpse of the American nuclear reactors India seeks to buy
Hectic negotiations are going on between India and USA to clinch the first commercial deal on nuclear reactors. India seeks to buy the ultramodern Westinghouse manufactured AP 1000 nuclear reactors and install them at Mithi Vridi in Gujarat. The deal for six reactors could be worth about Rs 3,00,000 crore.
