Skip to content
Search

Latest Stories

US and India agreed to build six nuclear power plants

THE US and India on yesterday (13) agreed to strengthen security and civil nuclear cooperation, including building six US nuclear power plants in India, the two countries said in a joint statement.

The agreement came after two days of talks in Washington. The US under president Donald Trump has been looking to sell more energy products to India, the world’s third-biggest buyer of oil.


The talks involved Indian foreign secretary Vijay Gokhale and Andrea Thompson, the US undersecretary of state for arms control and international security.

"They committed to strengthen bilateral security and civil nuclear cooperation, including the establishment of six US nuclear power plants in India," the joint statement said.

It gave no further details of the nuclear plant project.

Pittsburgh-based Westinghouse has been negotiating to build reactors in India for years, but progress has been slow, partly because of India's nuclear liability legislation, and the project was thrown into doubt when Westinghouse filed for bankruptcy in 2017 after cost overruns on the US reactors.

Canada's Brookfield Asset Management bought Westinghouse from Toshiba in August 2018. Last April Westinghouse received strong support from the US energy secretary Rick Perry for its India project, which envisaged the building of six AP1000 reactors in the state of Andhra Pradesh.

The agreement to build the reactors, announced in 2016, followed on from a US India civil nuclear agreement signed in 2008.

India plans to triple its nuclear capacity by 2024 to wean Asia's third-largest economy off polluting fossil fuels.

Last October, India and Russia signed a pact to build six more nuclear reactors at a new site in India following summit talks between their leaders in New Delhi.

(Reuters)

More For You

Rachel Reeves

On Tuesday, Reeves said that "each of us must do our bit," raising expectations of a break from Labour's election pledge not to raise major taxes.

Getty Images

Reeves weighing income tax rise and National Insurance change: Report

RACHEL REEVES has told the country's budget watchdog that a rise in personal taxation is among the "major measures" she is preparing to announce in her budget.

Reeves is expected to raise tens of billions of pounds in taxes in her November 26 budget to stay on track for her fiscal targets, which remains a key issue for bond investors, The Times reported on Thursday, confirming earlier reports.

Keep ReadingShow less