Toshiba in talks on lucrative US nuclear plant deals, page 1
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Topic started on 3-4-2008 @ 01:59 PM by JBA2848

Toshiba in talks on lucrative US nuclear plant deals


www.channelnewsasia.com
TOKYO : Japan's Toshiba Corp. said Thursday it is in talks with US firms on securing nuclear power plant contracts, as a report said it was set to clinch the US$13.7 billion deals.

"It is true that our subsidiary Westinghouse is holding negotiations with the aim to get final contracts but no decision has been made at the moment," Toshiba said in a statement.

The comment followed a report by the Nikkei economic daily that the group was set to win deals worth a combined 1.4 trillion yen (US$13.7 billion) to build four nuclear power plants in the United States.

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