Nov 21, 2006

Rolta India - Nuclear power plants will generate revenues in access of $ 100 bn

With the US senate clearing the Indo-US nuke deal last week, there will be a need to develop nuclear power plants. One of the companies like to benefit on account of this is Rolta India.
The Rolta India management said that the nuclear power market has huge potential and can generate business worth $ 100 billion. As JV partners it would consolidate 50% of what it gets into the listed company helping it boost its top and bottomline.

The company has tied up with the US based Stone & Webster, which has set up around 70% of the US nuclear reactors

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