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NEW DELHI: India's $20-billion civil nuclear plant deal with bankrupt Westinghouseis being reworked. This will result in the American company branching out into a design and consultation role, while handing out the construction of the facilities to a local partner.

Sources said that the deal, which will see the installation of six nuclear reactors in Andhra Pradesh, is being "taken back to the drawing board" after Westinghouse — a US unit of Japan's Toshiba — went bankrupt earlier this year.

"A new business model is being worked out and things are being renegotiated," the sources said.

"Westinghouse is getting out of construction business, and they will design the reactors and provide consultation. The construction will be done by Indian companies."

A deal could be signed by this year, the sources said. The matter was also believed to have been touched upon in the meetings on the sidelines of Prime Minister Narendra Modi's talks with President Donald Trump.

Westinghouse had held commercial negotiations with Nuclear Power Corporation of India (NPCIL) for the construction of the reactors.

The sources said that the deal — which follows the 2008 India-US civil nuclear agreement — has already been delayed. "We are keen to get it done in 2018."

Westinghouse took part in our previous Congress in India, and this year is also is our inviting list.
Do you want to know more about Nuclear India in recent years? Please join our 4th India Nuclear Industry Congress 2018, April 26-27th, Mumbai, India.

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Part of Our Early Confirmed Speakers
♦Jitendra Kumar, Member of International Nuclear Liability Expert Group; Former Head of Nuclear Law Division and Legal Adviser to the Government of India, Department of Atomic Energy
♦Dinesh Srivastava, Deputy Chief Executive, Nuclear Fuel Complex
♦Pillai Puthiyavinayagam, Director, Reactor Design Group, Indira Gandhi Centre for Atomic Research (IGCAR)
♦V. RajanBabu, Director (Technical), Bharatiya Nabhikiya Vidyut Nigam Limited (BHAVINI)
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Agenda at a Glance
Day 1 (April 26th, 2018)
Session 1: National Incentives and Industrial Supports for Nuclear Power Development in India
Session 2: Nuclear Cooperation, Partnership & Financing
Session 3: Nuclear Liability and Insurance in India
Day 2 (April 27th, 2018)
Session 4: Updates of NPP Projects and Advanced Reactors
Session 5: R&D, Advanced Technology & Supply Chain for Indian Nuclear Program
Session 6: Fuel Industry and Waste Management in India

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Bonnie Koo |AtomToday- World Nuclear Industry Congress  (Africa, Turkey-MENA, India, UK, CEE, SEA)| SZ&W Group| SZ&W
4th India Nuclear Industry Congress 2018, April 26-27th, Mumbai, India
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