Don't miss

Replay


LATEST SHOWS

IN THE PAPERS

'Donald Trump is rolling back the clock on diversity in the cabinet'

Read more

IN THE PAPERS

Did France's left inflate turnout figures in round one of the primary?

Read more

ACROSS AFRICA

Dozens killed in attack on military camp in Mali

Read more

THE DEBATE

Splintered left: French Socialists divided ahead of primary run-off (part 1)

Read more

THE DEBATE

Splintered left: Are Europe's Social Democrats obsolete? (part 2)

Read more

EYE ON AFRICA

Gambia: New president says Jammeh has agreed to cede power

Read more

ACROSS AFRICA

France finally grants citizenship to Senegalese veterans

Read more

THE OBSERVERS

Pollution threatens island paradise of Mauritius, and one Cameroonian expat's quest to bring safe drinking water to his country

Read more

THE INTERVIEW

Publicis boss encourages firms to move staff to Paris post-Brexit

Read more

Asia-pacific Asia-pacific

Areva to supply India with 'two to six' nuclear reactors

Video by Eve JACKSON , Jinty Jackson , Mary MAC CARTHY

Latest update : 2009-02-05

French nuclear giant Areva said in a statement on Wednesday that it had a preliminary agreement to sell between two to six European Pressurized Reactors to India, to be installed in Jaitapur, in the western state of Maharashtra.

Watch our Face Off debate: France-India: a risky business?

 

AFP - French nuclear group Areva said Wednesday it had signed a draft accord to provide India with between two to six European Pressurized Reactors.
   
"Areva and Nuclear Power Corporation of India Limited today (Wednesday) reached a protocol accord ... on the implantation of two to six EPR reactors," Areva said in a statement.
   
The deal also calls for the supply by Areva of fuel during the life of the reactors, which are to be located in Jaitapur in the western Indian state of Maharashtra.
   
A 34-year-old embargo on civilian nuclear exchanges with India, imposed in 1974 following a series of Indian nuclear tests, was lifted last year.
   
France in September signed an agreement with India covering nuclear energy cooperation.
   
India currently has 17 nuclear reactors in operation that supply about 2.5 percent of the country's electricity.
   
The cost of one EPR has been estimated at between four and six billion euros (5.2-7.8 billion dollars), although final costs are subject to negotiation.
   
The third-generation EPR was launched in 1992 and has already been sold in France, Finland and China. The reactor was developed by French electricity utility EDF and German counterparts EON and RWE.
   
Designers of the EPR reactor, which was conceived with a lifespan of 60 years, point to a better use of fuel, a simpler security system and less production of waste among its advantages.
  

Date created : 2009-02-04

COMMENT(S)