Nuclear power plants will generate revenues in access of $ 100 bn; Will
have entry level advantage: Rolta India
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 is not expecting much business in the first 1-2 years. It
expects the numbers to show up in large numbers from third year onwards.
up around 70% of the US nuclear reactors.
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