• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 15 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 hour U.S. Presidential Elections Status - Electoral Votes
  • 19 hours Evergrande is going Belly Up.
  • 43 mins Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 22 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 3 days Poland Expands LNG Powered Trucking and Fueling Stations
  • 3 days World’s Biggest Battery In California Overheats, Shuts Down
  • 2 days The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 2 days Ten Years of Plunging Solar Prices
  • 2 days Extraction of gasoline from crude oil.
  • 4 days The coming Cyber Attack
  • 4 days Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 4 days Ozone layer destruction driving global warming
  • 4 days 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers

India Still Negotiating U.S. Nuclear Reactors Deal  

India continues to hold technical and commercial discussions with Westinghouse for arriving at a project proposal for nuclear reactors in the state of Andhra Pradesh, Jitendra Singh, Minister of State for Prime Minister’s Office, said on Wednesday in response to a question in Parliament.

India and Westinghouse have been negotiating the U.S. supply of nuclear reactors for more than a decade, and earlier this year, India and the United States committed to building six nuclear power plants in India as part of strengthening their civil nuclear cooperation and security.

Over the past decade, talks have been stalled by the Indian legislation on liability in case of accidents, which differs from international norms under which liability is for the operator of a nuclear plant rather than the facility’s builder.

Westinghouse filing for bankruptcy protection in 2017 also stalled discussions.  

In a question today, India’s minister Singh was asked if India had finalized project proposals with Westinghouse and if the government had assessed potential time and cost overruns due to the fact that Westinghouse was acquired by Brookfield Business Partners in 2018.

“The various issues emerging out of the acquisition of WEC have been factored in the discussions,” Singh replied, adding that “presently techno-commercial discussions to arrive at a project proposal for setting up nuclear power reactors in cooperation with M/s. Westinghouse Electric Company (WEC) are still in progress.”

Before Westinghouse was bought by Brookfield Business Partners in August 2018, U.S. Secretary of Energy Rick Perry said in April last year that Westinghouse was now “lean and mean and ready to get to work” on the Indian nuclear power plant projects.

Before visiting India last month, U.S. Secretary of State Mike Pompeo said:

“On energy, we want to complete the Westinghouse civil nuclear project, and deliver more LNG and crude. These steps will give Indians reliable, affordable, diversified energy independence so they will no longer have to rely on difficult regimes like those in Venezuela and in Iran.”

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News