Devi Kompella News

Lloyd's Register Acquires India's Reltech Consulting

Lloyd’s Register has acquired the business and principal assets of the Mumbai-based nuclear risk specialists, Reltech Consulting (Reltech), in a move designed to further strengthen its historic presence in the Indian energy sector. The business and assets of Reltech, which provides safety-management services to a multinational civil nuclear client base, have been transferred to the newly formed LR Scandpower Risk Consultancy Pvt. Ltd., completing another major step in the strategic expansion of Lloyd’s Register’s global nuclear business. Scandpower AS, which provides independent technical risk services to the energy and transport industries, was purchased by Lloyd’s Register in 2009.