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The two companies have agreed to collaborate on areas including nuclear instrumentation and controls, engineered products and systems, reactor components, engineering services, in-service reactor support and waste management
Larsen & Toubro (L&T) and Rolls-Royce have inked a memorandum of understanding (MoU) for co-operation to effectively address the projected need for light water reactors (LWR) in India and overseas, reports PTI.
LWR technology is in use in over 60% of civil nuclear power plants operating world-wide.
L&T is an engineering and construction company and Rolls-Royce is a global power systems firm. The two companies have agreed to collaborate on areas including nuclear instrumentation and controls, engineered products and systems, reactor components, engineering services, in-service reactor support and waste management, a press release said today.
The agreement between Rolls-Royce and L&T follows the recent bilateral Civil Nuclear Co-operation Declaration by the Indian and UK governments, which enables UK and Indian industries to engage in civil nuclear commerce, the release said. .
“The agreement brings together rich experience and will effectively leverage the strengths of both the companies to tap rapidly emerging opportunities in India, the UK and the rest of world,” L&T's senior executive vice-president and Board member, MV Kotwal, said.
The co-operation with L&T for instrumentation and controls will form the first operational phase of this relationship to bridge the gap in the existing supply-chain in support of India's ambitious new build programme, it said.
“India is a key strategic market for Rolls-Royce and I am very pleased that we are working with Larsen & Toubro,” said Lawrie Haynes, president (nuclear), Rolls-Royce.
However, the continued high unemployment rate in America is likely to result in a much longer time to fill up the pool of 65,000 H-1B visas for 2011
The US Citizenship and Immigration Services (USCIS) would from today accept receiving petitions for H-1B visa applications—the most sought after US work visa by Indian IT professionals—for the fiscal year 2011 beginning 1 October 2010.
As mandated by the US Congress, the fiscal year cap (numerical limitation on H-1B petitions) for 2011 is 65,000.
Additionally, the first 20,000 H-1B petitions filed on behalf of individuals who have earned a US master’s degree or higher are exempt from the H-1B cap.
The USCIS has not announced any cutoff date for accepting the visa petitions; as was the practice till the year before when the US agency used to receive applications several times the number mandated by Congress and had to resort to computerised draw of lots to identify successful applicants.
“USCIS will monitor the number of petitions received and will notify the public of the date on which USCIS received the necessary number of petitions to meet the H-1B cap,” an official media release said.
Even as there are signs of revival in the US economy, the continued high unemployment rate is likely to result in a much longer time to fill up the pool of 65,000 H-1B visas for 2011 could, similar to last year's scenario in which the number of petitions for 2010 H-1Bs didn't get near the cap until December 2009.
“If needed, USCIS will randomly select the number of petitions required to reach the numerical limit from the petitions received on the final receipt date. USCIS will reject cap-subject petitions that are not selected, as well as those received after the final receipt date,” the release said.
The USCIS said petitions for new H-1B employment are exempt from the annual cap if the beneficiaries will work at institutions of higher education or related or affiliated non-profit entities, non-profit research organisations or governmental research organisations.
Petitions filed on behalf of beneficiaries who will work only in Guam or the Commonwealth of the Northern Marianas Islands are exempt from the cap until 31 December 2014.