BANGALORE, INDIA--April 7, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Leading Indian engineering and construction major Larsen & Toubro Limited (BSE:500510) (L&T) (Mumbai) and power systems leader Rolls Royce Group plc (OTC:RYCEY) (London, England) will work together to develop light water nuclear reactor technology. Light water reactor technology is a popular nuclear reactor technology, which is used in more than 60% of nuclear power plants in the world. The memorandum of understanding is part of the bilateral nuclear cooperation initiative between the U.K. and India. The joint venture will commence fabrication and production shortly and is expected to supply equipment to utility companies such as Electricite de France SA (EPA:EDF) (Paris, France). Other companies featured: Toshiba Corporation (TYO:6502), Bharat Heavy Electricals Limited (BSE:500113)