Larsen & Toubro (L&T), India’s leading engineering and construction company, and Rolls-Royce, a UK-based power systems company, have agreed to form a partnership to manufacture components and provide services for light water nuclear reactors. The agreement follows the recent bilateral civil nuclear cooperation declaration by the Indian and UK governments, which enabled the industries in both countries to engage in civil nuclear commerce.
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The two companies have agreed to collaborate on several areas. These include nuclear instrumentation and controls, engineered products and systems, reactor components, engineering services, in-service reactor support and waste management.
Lawrie Haynes, president of the nuclear division at Rolls-Royce, said: “India has developed an impressive nuclear capability over the last 34 years which rivals that of any country. India is a key strategic market for Rolls-Royce and I am very pleased that we are working with Larsen & Toubro, one of the country’s most pre-eminent engineering companies. Our skills and capabilities are complementary and I am confident that we can forge a strong and mutually beneficial relationship.”
MV Kotwal, senior executive vice-president and board member at L&T, said: “The agreement brings together rich experience and will effectively leverage the strengths of both the companies to tap rapidly emerging opportunities in India, the UK and the rest of world. We welcome this opportunity to work together with Rolls-Royce, a highly reputed, technology-driven company.”
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