Larsen & Toubro, Atomic Energy of Canada to Build Nuclear Reactors - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Larsen & Toubro Ltd. said it will team up with Atomic Energy of Canada Ltd. to build reactors, the second international nuclear venture of India’s biggest engineering company in less than a week.

The companies will build ACR1000 pressurized heavy water reactors in India, Larsen said in statement today, without giving financial details. On Jan 16, Larsen tied up with Toshiba Corp.’s Westinghouse Electric Co. for AP1000 reactors.

Indian power-equipment makers are seeking overseas partners as Asia’s third-biggest economy targets 60,000 megawatts of nuclear energy by 2030 to cut power shortages of more than 18 percent during peak hours.

Larsen is also in talks with General Electric Co.,Areva SA and Westinghouse to start companies to make nuclear-power equipment.

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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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