Nuclear Power Corp, French firm sign pact on reactorsFebruary 4th, 2009 - 4:45 pm ICT by IANS
New Delhi, Feb 4 (IANS) Following the government’s green signal to foreign companies to participate in India’s nuclear power programme, AREVA of France Wednesday signed a pact with state-run Nuclear Power Corp of India Ltd (NPCIL) to set up nuclear power reactors in Maharashtra.As per the agreement, the two companies will start technical and commercial discussions for setting up two to six European pressurised reactor (EPR) units of 1,650 MW each at Jaitapur in Maharashtra.
The agreement will also include fuel supply for the lifetime of the reactors, which could last up to 60 years.
The agreement was signed by NPCIL chairman and managing director S.K. Jain and AREVA chairman and chief executive Anne Lauvergeon.
French Commerce Minister Anne-Marie Idrac, Minister of State in the Prime Minister’s Office Prithviraj Chavan and Minister of State for Commerce and Power Jairam Ramesh were also present at the signing.
The French minister hoped a commercial agreement would be signed by the end of this year.
Echoing the same view, Lauvergeon said: “We are interested in deepening this partnership. AREVA is committed to developing India’s nuclear capacity and equipment.”
She said the company would be looking at collaborations in India for mining nuclear fuel.
“We would be seriously looking at common investments in mines for supply of fuel for the reactors,” Lauvergeon said.
The Indian ministers said the government would focus more on the nuclear sector to boost power generation.
“The government would be soon announcing more nuclear parks in other parts of the country. Some locations have already been identified. The cabinet is looking into it,” Chavan said.
He said like Jaitapur, the other parks will also have a capacity of six to eight reactors. Other countries can participate in setting up reactors here.
Commenting on India becoming a major player in the global nuclear power market, Ramesh said: “India is at the cutting edge of fast breeder technology. There is no reason for India not to become a major exporter in this field after a few years.”
India wants to increase electricity generation from nuclear sources to 20,000 MW by 2020 from the current 4,120 MW.
India and France in September 2008 had signed a bilateral agreement for cooperation in development of civil nuclear energy.
- Jaitapur n-power plant cleared: Jairam Ramesh - Nov 28, 2010
- PM asked to cancel Jaitapur nuclear project - Aug 26, 2012
- Prithviraj Chavan bats for Jaitapur nuclear project - Feb 26, 2011
- France waits for India to clarify n-liability framework - Apr 05, 2012
- German bank pulls out of Jaitapur nuclear project: Greenpeace - Mar 15, 2011
- Areva to import critical parts for first nuke units in India - Oct 15, 2010
- Shiv Sena warns of beating Jaitapur n-plant supporters - Feb 28, 2011
- Nuclear plant in Maharashtra's Jaitapur cleared: says Ramesh (Lead) - Nov 28, 2010
- India to talk to France, US for nuclear reactors - Jan 11, 2012
- Land take-over begins for 9,600 MW Maharashtra nuke plant - Oct 14, 2009
- France wants India to stick to global n-liability standards (Lead) - Dec 02, 2010
- Halt Jaitapur nuclear project, says CPI-M - Mar 15, 2011
- NPCIL, NALCO ink deal for nuclear plants - Nov 09, 2011
- India, France try to finalise accord on civil n-cooperation - Dec 02, 2010
- Atomic regulator's nod for fuel loading at Kudankulam (Lead) - Sep 21, 2012