11 April, New Delhi
Coinciding with the visit of Prime Minister Narendra Modi to France, Larsen & Toubro (L&T) has signed a MoU with the French firm AREVA for cooperation to maximize localisation for the EPR nuclear power plant to be built at Jaitapur in Maharashtra.
”The MoU with AREVA represents a major step forward for L&T in the field of pressurized water reactor technology”, company said in a statement Saturday.
This is a significant addition to L&Ts existing capabilities and the lead role it has played in equipment manufacture, construction and project management for pressurized heavy water reactors in Indias domestic nuclear power program, it said.
India and France have committed themselves in cooperation in strategic areas of Defence, aviation and energy during the Prime Minister’s ongoing visit there.
The MoU covers the prospect of partnership between L&T and AREVA in manufacturing key nuclear island equipment, valves, piping, electrical, instrumentation and engineering work, it said. Through this partnership, AREVA will transfer technology to utilize the forging capabilities of L&T Special Steels & Heavy Forgings (a joint venture with Nuclear Power Corporation of India Ltd), it said.
The partnership will support the Indian Governments Make in India initiative and enhance the competitiveness of the Jaitapur project, it said.M V Kotwal, Whole-time Director and President, Heavy Engineering said,”This partnership will add new dimensions to the capabilities of Indias manufacturing sector in the nuclear business”.