U.S. backs Westinghouse to finish Indian nuclear projects: Reuters
Westinghouse Electric, which filed for bankruptcy last year, is now “lean and mean and ready to get to work” on its projects to build nuclear reactors in India, U.S. energy secretary Rick Perry said this week. The show of support by Perry came after Pittsburgh-based Westinghouse’s bankruptcy filing had raised doubts about the proposed construction of six nuclear reactors in India’s Andhra Pradesh state. Westinghouse, owned by Japan’s Toshiba Corp which is to be bought by a unit of Canada’s Brookfield Asset Management, is one of the world’s leading suppliers of nuclear fuel and provides some form of service to 80 percent of the world’s 450 commercial reactors.
17 April 2018•2 mins read
