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Russians call US nuclear reactors a “white elephant” for India

Russian-BearUS Nuclear Reactors to Prove White Elephant for India. Sputnik News 13 June 16 Toshiba Westinghouse India’s latest move in the direction of implementing a nuclear energy pact with the US is gaining strong resentment as the US reactors are most likely to cost three times more than that of Russian reactors already well operational.

The Indian government’s commitment to expedite the formalities of a deal allowing America’s Westinghouse Electric to set up six nuclear reactors in India is drawing flak for being commercially nonviable. The proposition was part of the talks between Indian Prime Minister Narendra Modi and US President Barack Obama during the former’s latest visit to the US.Many are questioning the rationale behind such a commitment as installing nuclear reactors manufactured by Westinghouse would overshoot the cost of Russian reactors already in operation at Kudankulam of Tamil Nadu…….http://sputniknews.com/asia/20160613/1041265465/reactor-us-nuclear.html

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June 13, 2016 - Posted by | business and costs, India, marketing of nuclear, politics international

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