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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Announces New "American Nuclear Supply Chain Loans" to Accelerate Deployment of Large-scale Reactors

LCG, June 23, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) announced today that it issued a conditional loan commitment to finance the purchase of long-lead time items needed to rebuild America’s commercial nuclear supply chain. In addition, Westinghouse Electric Company announced today its intention to partner with the EDF on the new loans.

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Industry News

Peru Perseveres with Attempted Deregulation, Hydroelectric Sale

LCG, January 21, 2003-Peruvian officials intend to go through with the sale of a 30-year concession for a national hydroelectric power plant.

The concession sale of the 130-megawatt Yuncan hydroelectric plant, which is expected to be completed by 2004, had been postponed because investors wanted more time to consider the purchase.

Peru has been selling state energy assets in order to raise money, although many public protests have been staged in opposition to the sales. Many Peruvians believe that selling rights to vital energy assets to foreign parties will end in inferior service and environmentally unsound investment.

Peru's Finance Minister Javier Silva Ruete has averred that the concession will be auctioned off within 30 days.

Meanwhile, Peru has separated its government by region. Newly elected Raul Espinoza, as president of the Paso region where the plant will be located, opposes the sale because he worries about conflicts of interest between foreign investors and local people.

Belgian company Tractabel, U.S.-based Public Service Enterprise Group, and Peru's Volcan Compania Minera are all possible bidders for Yuncan. The base price has been set at $60 million.

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