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Westinghouse to Begin Talks with NPCIL to Deploy AP1000™ Nuclear Power Plants in India

PRNewswire
PITTSBURGH

- Company affirms commitment to localization, infrastructure

- Follows signing of nuclear cooperation agreement by U.S., India

PITTSBURGH, May 28 /PRNewswire/ -- Westinghouse Electric Company announced today that it will begin discussions with Nuclear Power Corporation of India Ltd., (NPCIL) with a goal of reaching agreement on the deployment of Westinghouse AP1000™ nuclear power plants in India.

The announcement followed signing of a memorandum of understanding by Dr. S. K. Jain, Chairman and Managing Director of NPCIL, and Westinghouse President and CEO Aris S. Candris. In making the announcement, Dr. Candris said it is logical for the two companies to work together to further expand India's already robust nuclear power industry.

"NPCIL is India's nuclear power plant company, with the broadest range of expertise encompassing design, engineering, construction, commissioning and operation," he said. "We look forward to bringing our AP1000 nuclear technology to India through such an experienced and well-respected organization as NPCIL.

"Equally important, we are confident that our business model, with emphasis on localization and infrastructure development, will benefit NPCIL, Westinghouse and the people of India and the United States."

Meena Mutyala, Westinghouse vice president and business leader for India, confirmed Westinghouse would make use of India-based companies and labor. She said Westinghouse is now exploring potential opportunities to work with companies such as Larsen & Toubro and others to provide construction-related services, equipment and modules for AP1000s to be built in India.

"Westinghouse's global track record of success with localization is well documented," she said. "In India, with an already-established infrastructure, we also hope to qualify companies to assist us in constructing or providing equipment for AP1000s elsewhere in the world."

The AP1000, design certified by the NRC in early 2006, is fast becoming the technology of choice in key markets throughout the world. In December 2006, China's State Nuclear Power Technology Corporation selected Westinghouse to provide two AP1000s each at both the Sanmen and Haiyang sites. In the United States, the AP1000 is the announced technology of choice for no less than 14 new plants, including six for which Engineering; Procurement and Construction contracts have been signed.

Westinghouse believes the AP1000 is ideally suited for the worldwide nuclear power marketplace, as it is:

  • A passively safe design that employs natural forces - natural circulation, gravity, convection and compressed gas - to maintain safety in the highly unlikely event of an accident.
  • Modular in design, promoting standardization and high construction quality.
  • Economical to construct and maintain (less concrete and steel and fewer components and systems mean there is less to install, inspect and maintain).
  • Designed to promote ease of operation (features most advanced instrumentation and control system in the industry).

For more information about the Westinghouse AP1000, visit www.ap1000.westinghousenuclear.com.

Westinghouse Electric Company, a group company of Toshiba Corporation, is the world's pioneering nuclear power company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first PWR in 1957 in Shippingport, Pa. Today, Westinghouse technology is the basis for well over 40 percent of the world's operating nuclear plants, including 60 percent of those in the United States.

SOURCE: Westinghouse Electric Company

Web site: http://www.ap1000.westinghousenuclear.com/

Company News On-Call: http://www.prnewswire.com/comp/127481.html


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