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Update at 1235 hrs (IST)


Corporate
L&T, Westinghouse Electric in nuclear deal

MUMBAI: Engineering firm, Larsen & Toubro, said on Friday that it signed a memorandum of understanding (MoU) with US-based Westinghouse Electric Company to build 1,000 MegaWatt nuclear plants in India.

L&T will be responsible for construction and fabrication while Westinghouse's will provide design, engineering and procurement of major components, the company said in a statement.

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