Thursday, June 14, 2012

US, India see progress with nuclear deal

US, India see progress with nuclear deal

Washington (AFP) June 13, 2012
The United States and India sought Wednesday to dispel doubts over their relationship as a US company signed a deal on nuclear power, a key point of disappointment between the countries. Secretary of State Hillary Clinton, who once called US affection for India an "affair of the heart," said that the world's two largest democracies had entered a "new and more mature phase" in their partnersh

U.S. - India Nuclear thaw: Westinghouse to build nuclear power plant in Gujarat



New York: When the US and India signed the nuclear deal in 2008, it was heralded as a new era in post-Cold war ties and US companies hoped to reap a bonanza in reactor sales. They have been snagged by Manmohan Singh‘s government but US Secretary of State Hillary Clinton confirmed on Wednesday that Westinghouse Electric Co. has signed a memorandum of understanding with the Nuclear Power Corporation of India (NPCIL) that would pave the way for construction of nuclear power plants in Gujarat.
Westinghouse has decided to go ahead with plans for building an AP-1000 nuclear power plant in Gujarat. As the strategic dialogue opened Clinton said that the American company and the Indian state run firm signed a pact on Tuesday to work towards preliminary licensing and site development in Gujarat for construction of new reactors.

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