Michele Kearney's Nuclear Wire

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Wednesday, February 23, 2011

India an attractive partner for UK nuclear business community

India an attractive partner for UK nuclear business community

 MUMBAI: The UK nuclear business community is very optimistic about nuclear commerce with India in the form of joint ventures.

Describing the collaboration between India and UK as a win-win situation, Lady Barbara Thomas Judge, the business ambassador who leads the UK business delegation here, said, "With the joint ventures like 10-year transfer of technology deal between UK-based Sheffield Forgemasters and Bharat Heavy Electricals Ltd (BHEL) to build huge forgings; and signing of MoUs like one between Rolls Royce and L&T for instrumentation and control systems or that between Nuvia and Punj Lloyd , are very significant."

"We look forward to more such deals," she said. India and UK signed civil nuclear cooperation last year. "India's role in global nuclear renaissance is very significant. If all nuclear plants come up simultaneously in different parts of the world, there will be a long queue for the huge forgings (reactor pressure vessel) as there are only two companies globally supplying.

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