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US, India strengthen civil nuclear cooperation, to build six nuclear power plants

Friday, 15 Mar 2019
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The US and India have agreed to strengthen security and civil nuclear cooperation, including establishment of six US nuclear power plants in India.

However, the details for the same have not ye been disclosed. The US has been looking to sell more energy products to India, the world’s third-biggest buyer of oil.

Westinghouse has been negotiating to build reactors in India for years. However, the progress has been slow, partly because of India’s nuclear liability legislation, and the project saw a setback when Westinghouse filed for bankruptcy in 2017 after cost overruns on US reactors.

Brookfield Asset Management bought Westinghouse from Toshiba in August 2018. Westinghouse received a support from US for its India project, which envisaged building six AP1,000 reactors in Andhra Pradesh.

The agreement for building the reactors, announced in 2016, followed on from a US-India civil nuclear pact entered in 2008. Moreover, India plans to triple its nuclear capacity by 2024.

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