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will be backed by 50 million dollars by both sides over five years and work to complete
joint research in solar, biofuels and energy efficiency.
- MOU between India and the US on shale gas resources which will see US technology
used to assess shale gas resources in India.
- MOU on establishing and operating a Global Disease Detection Centre in India, which
will set up a laboratory in New Delhi designed to prevent the spread of infectious
diseases.
Boeing and the Indian Air Force have reached preliminary agreement on the purchase of
10 C-17 Globemaster III military transport aircraft, a deal that will make the Indian Air
Force the largest owner of a fleet of C-17s outside of the US.
Deal value: $4.1bn. Potential US jobs created: 22,160.
General Electric Company on October 1 was declared the lowest bidder and selected to
negotiate a contract to provide the Indian Aeronautical Development Agency with 107
F414 engines to be installed on the Tejas light combat aircraft. The deal has yet to go
through.
Deal value: $822m. Potential US jobs created: 4,440.
Commercial Aircraft Sale:
Boeing will sell SpiceJet, an Indian low-cost airline, sealed 30 new B737-800
commercial aircraft.
Deal value: $2.7bn. Potential US jobs created: 12,970 jobs.
General Electric Company singed a deal with Reliance Power, the energy group owned
by billionaire industrialist Anil Ambani, to supply six advanced class 9FA gas turbines
and three steam turbines for the 2,500-megawatt Samalkot power plant expansion.
Deal value: $750m. Potential US jobs created: 2,650.
GE Transportation and Electro-Motive Diesel have been selected by the Indian ministry
of railways as the sole two bidders for a venture to manufacture and supply 1,000 diesel
locomotives over 10 years.
Deal Value: More than $1bn. Potential US jobs created: Not specified.
The US’s Export – Import Bank approved more than $900m in export finance guarantees
to Sasan Power, a subsidiary of Reliance Power, supporting the sale of US mining
equipment and services from Bucyrus International of South Milwaukee, Wisconsin, and
other U.S. vendors, in association with the 3,960-megawatt coal-fired Sasan power plant
in Madhya Pradesh.
Deal value: $641m. Potential US jobs created: 3,460 jobs.