L&T signs MoU with AREVA for Jaitapur nuclear power project

NEW DELHI, Apr 11: Larsen & Toubro (L&T) today said it has signed a Memorandum of Understanding (MoU) with France-based AREVA for cooperation to maximize localization for 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, company said in a statement.     This is a significant addition to L&T’s existing capabilities and the lead role it has played in equipment manufacture, construction and project management for pressurized heavy water reactors in India’s domestic nuclear power program, it said.   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 Government’s ‘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 India’s manufacturing sector in the nuclear business”.

(UNI)