Brighton Energy to Open Indian Nuclear Equipment Unit

20 January 2011 (Last Updated January 20th, 2011 18:30)

US-based Brighton Energy is to set up a nuclear power plant component facility near Visakhapatnam in Andhra Pradesh, India. The firm will enter into a memorandum of understanding (MoU) with the Government of Andhra Pradesh, according to business.standard.com. The facility wi

US-based Brighton Energy is to set up a nuclear power plant component facility near Visakhapatnam in Andhra Pradesh, India.

The firm will enter into a memorandum of understanding (MoU) with the Government of Andhra Pradesh, according to business.standard.com.

The facility will produce forged-steel components, fabricated by General Electric for third-generation nuclear power plants.

The heavy equipment and forged-steel manufacturing firm will invest Rs27bn ($589m) in the manufacturing facility.

Brighton plans to set up the facility within two and half years.

The firm has asked for 3.2km² of land and other support including a captive power plant for its energy needs and the allocation of natural gas for the project, according to the government.