Larsen & Toubro (up 3.20% to Rs 2477.10), Bharat Heavy Electricals (up 4.92% to Rs 1572), National Thermal Power Corporation (up 2.98% to Rs 166), Areva T&D India (up 2.06% to Rs 1600), Alstom Projects India (up 9% to Rs 441), Rolta India (up 5.72% to Rs 298.40), Gammon India (up 3.92% to Rs 234.50), Hindustan Construction Company (up 5.63% to Rs 92.80), ABB (up 4.04% to Rs 910), Crompton Greaves (up 2.76% to Rs 251.50), Walchandnagar Industries (up 5% to Rs 246), Reliance Energy (up 7.64% to Rs 812.65), and Tata Power Company (up 3.07% to Rs 1060.90), surged.

Meanwhile, the BSE Sensex was up 438.11 points, or 3.28%, to 13,787.67 on sharp fall in crude oil prices overnight.

The Prime Minister Manmohan Singh is meeting the US President George Bush today, 9 July 2008, where he is likely to discuss the progress of the Indo-US nuclear deal. On 7 July 2008, Singh said that the government would go through the remaining formalities of the Indo-US nuclear deal very soon. He also expressed confidence that UPA government will survive the trust vote and avoid early elections, despite the Left announcing withdrawal of yesterday, 8 July 2008.

India's Commerce and Industry Minister Kamal Nath said on Tuesday, 8 July 2008, the government had the necessary support in parliament to survive any no-confidence vote.

The nuclear deal will give India access to US nuclear fuel and technology without joining the 1970 Nuclear Non-Proliferation Treaty. It is potentially worth billions of dollars to US and European nuclear supplier companies and would give India more energy alternatives to drive its booming economy.

As far as Larsen & Toubro is concerned the company has done engineering, procurement and construction projects for nuke power plants. It is currently working on the 2,000 megawatt Kudankulam nuclear project.

Bharat Heavy Electricals supplies up to 500 megawatt of equipment to Nuclear Power Corporation. It has an existing tie-up with Siemens for nuclear technology.

National Thermal Power Corporation is reportedly in talks with Nuclear Power Corporation of India for setting up a 2000 megawatt nuclear plant.

Areva T&D is reportedly looking at a plant for uranium mining and recycling. The plant would be set up after nod from Nuclear Power Corporation.

Alstom Projects India already makes nuclear reactors and rotors. Its parent company is a world leader in conventional nuclear projects. It makes turbines for nuclear power stations.

Rolta India along with its joint venture Stone and Webster provides reactor-building technology. Stone & Webster’s parent has 20% in Westinghouse Electric, a nuclear reactor maker.

Gammon India has undertaken turnkey construction for nuclear projects.

Hindustan Construction Company has constructed four nuclear power projects in India. It is an engineering procurement and construction contractor for nuclear projects.

ABB makes components for power projects. Its parent company’s exposure includes new nuclear power plants, systems and components.

Crompton Greaves works with Nuclear Power Corporation of India. It has completed a switchyard for nuclear project.

Walchandnagar Industries makes critical equipment for India’s nuclear power facilities.

Reliance Energy reportedly plans to invest additional Rs 12,000 crore in nuclear power capacity. It plans to install 2000 megawatt of nuclear power capacity.

Tata Power Company has tied up with some major nuclear equipment suppliers like Areva. It already has a relationship with Toshiba.