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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 Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

Deep Sea Pipeline from Iran to India

LCG, March 19, 2002-India may receive natural gas from Iran by way of a deepsea pipeline.

While plans for an onshore pipeline through Pakistan are still dominant, studies are being undertaken by Italian companies Snamprogetti and Saipem in order to determine whether or not a 2000 kilometer underwater pipeline will be practical. It would be built in the Arabian Sea, skirting Pakistan's shoreline.

Australian company BHP is conducting the onshore pipeline study, considering carefully the security risk of its passage through Pakistan.

The onshore pipeline would allow Iran to sell gas to Pakistan as well and is estimated to cost about $3.5 billion.

Pakistan approves of both plans, and Iran reports that it has a good relationship with both India and Pakistan.

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