Antinuclear

General Electric and other nuclear companies not worried

The chief executive of General Electric Co, which has built a reactor at Fukushima Daiichi nuclear power plant in Japan, said there was no change in his company’s plans for India

India’s N-plan may take a hit; equipment suppliers not worried Economic Times 15 march 11, Japan’s nuclear crisis will create obstacles for India’s atomic energy programme, but this has not dented the optimism of equipment suppliers such as GE and India’s Larsen and Toubro as the country remains determined to expand capacity….. The chief executive of General Electric Co, which has built a reactor at Fukushima Daiichi nuclear power plant in Japan, said there was no change in his company’s plans for India or its position on nuclear liability. He said it was premature to say that safety issues would cloud the outlook of the nuclear energy business. “There’s now almost a 50-year track record on nuclear power and people can look back and make judgement……But some energy experts in India say the crisis in Japan was already a setback for India’s plans for nuclear energy plants, which account for barely 4% of power generation capacity, but were poised for expansion . http://economictimes.indiatimes.com/news/news-by-industry/energy/power/japan-tremors-indias-nuclear-plan-may-take-a-hit-equipment-suppliers-not-worried/articleshow/7706583.cms

March 15, 2011 - Posted by Christina Macpherson | Uncategorized