Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, September 8, 2009

* Indian firms may announce foreign partner in nuclear-energy project

Indian firms may announce foreign partner in nuclear-energy project
India's Bharat Heavy Electricals and Nuclear Power are expected to name a foreign partner for their project to construct nuclear plants in the country. The partner will likely be offered about 30% equity, but the terms are under discussion, Bharat Chairman K. Ravi Kumar said. This comes as Bharat agreed last year to strike a deal with the country's sole nuclear-energy producer for engineering, building and procurement services.

http://www.bloomberg.com/apps/news?pid=20601091&sid=af3xM2sRXcaE

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