Larsen Aims to Cash in on India Nuclear Boom

BY GAURAV RAGHUVANSHI

SINGAPORE -- Larsen & Toubro Ltd., India's biggest engineering company by sales, aims to attract up to $2 billion of orders a year for nuclear power equipment from India's ambitious plans to increase atomic energy capacity 15-fold over 20 years.
The company, which announced a slew of nuclear energy partnerships after India's three decades of nuclear isolation ended in 2008, expects orders to accelerate in 2012 when overseas companies start building plants, Chairman Anil Manibhai Naik told Dow Jones Newswires in a recent interview.
Larsen & Toubro expects new orders worth at least 25 billion rupees ($547 million) each year,
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