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L&T and Canadian based Atomic Energy of Canada Limited (AECL) have signed a Memorandum of Understanding for co-operation on Advanced CANDU Reactor ACR1000. L&T has been playing a lead role in equipment manufacture, construction and project management for Pressurized Heavy Water Reactors in India's domestic program while AECL has pioneered the Pressurized Heavy Water Reactor (PHWR) technology on four continents across the world.

 

PHWR design is one of the most highly competitive nuclear technologies in the world with regard capital cost, safety & efficiency. The unique design allows refueling online which eliminates the periodic refueling outage required by other designs. The ACR1000 is AECL's generation III+ reactor design that utilizes the proven concepts of the Pressurized Heavy Water Reactor.

 

L&T and AECL have joined hands to develop a competitive cost model for the ACR 1000. Upon completion of the indicative cost/scope model AECL and L&T agree to begin discussions to develop Nuclear Power Plants in India on EPC basis and utilize the collective expertise of the Parties in global markets.

 

L&T and AECL are optimistic that there will be a good demand for the ACR 1000. L&T intends to play a major role in the rapidly developing nuclear power sector by building strong partnerships with leading companies in the field.

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