US firms keen on investing in Indian nuclear programme

A slew of American companies today indicated their keenness to invest over 50 billion dollars in India’s nuclear programme once the civil nuclear deal between the two countries is approved by the US Congress.

The companies, participating in an Indo-US business meet here, showed strong interest in involving themselves in India’s programme to hike nuclear power generation capacity to 50,000 MW by 2030.

State-owned Nuclear Power Corporation of India Limited, which runs nuclear projects generating around 3,400 MW, plans to add 20,000 MW by 2020.

The companies, which are involved in the construction of nuclear plants and fuel supply, are part of the first high-level US delegation led by Under Secretary for Commerce Franklin Lavin.

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