NPCIL-Westinghouse deal: Still many differences to resolve

NEW DELHI: US energy company Westinghouse’s move to sell six nuclear reactors to India could take more time to fructify, as the two sides are still to resolve differences over power price to India’s liability law and the layout of the proposed nuclear power plant.

Westinghouse and Nuclear Power Corporation of India were expected to sign the deal during the just concluded visit of US President Donald Trump. It didn’t happen as they couldn’t narrow down differences, people in the know said.

The negotiations are over building six AP1000 reactors. ET has learnt that India wants to model the plant on a facility in the US and not on plants in China.

A longstanding irritant has been the liability law, which requires the costs of any accident to be channelled to the reactor supplier.

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