L&T Targets US Nuclear Market

Larsen & Toubro (L&T) is looking to enter the US nuclear market.

They have partnerships with two American companies, Holtec International and Clean Core Thorium Energy.

The Indian government recently passed a law called the SHANTI Act, which makes it easier for private companies to invest in nuclear energy.

L&T signed agreements with these companies to work on new nuclear technologies.

One agreement is about using a special fuel called thorium, which is safer and produces less waste.

The other agreement is about building equipment for nuclear and thermal power plants.

L&T's leader said they will figure out how to work together in the next few months.

This could open up new business opportunities for L&T in the US.