Larsen & Toubro Inks Mou With Areva
Larsen & Toubro (L&T) has announced signing a memorandum of understanding (MoU) with AREVA of France for co-operation to maximise localisation of the EPR nuclear power plant to be built at Jaitapur, Maharashtra. The MoU with AREVA represents a major step forward for L&T in the field of pressurized water reactor technology. â€œThis is a significant addition to L&Tâ€™s existing capabilities and the lead role it has played in equipment manufacture, construction and project management for pressurized heavy water reactors in Indiaâ€™s domestic nuclear power program,â€ L&T said. â€œThis partnership will add new dimensions to the capabilities of Indiaâ€™s manufacturing sector in the nuclear business,â€ M. V. Kotwal, Whole-time Director and President, Heavy Engineering, said. AREVA will transfer technology to utilise the forging capabilities of L&T Special Steels and Heavy Forgings (a joint venture with Nuclear Power Corporation of India Ltd.).