Coal, Nuclear

Westinghouse, Larsen to make nuclear power equipment

16 January 2009 — Toshiba Corp.’s Westinghouse Electric Co. said it would join with India-based Larsen & Toubro Ltd. to build equipment for nuclear power plants in India.

The companies will build Westinghouse’s AP1000 pressurized-water reactors and seek orders in the country, according to a statement by Westinghouse.

India has the goal of reaching 60,000 MW of nuclear energy by 2030 and to cut power shortages of more than 18 percent during peak hours. According to some estimates, India will spend at least $175 billion in the next 30 years to expand nuclear energy supplies.

India has 4,120 MW of nuclear capacity, is building 3,160 MW and had planned to add 7,900 MW before the three-decade ban on nuclear trading was lifted.