The fate of the agreements inked between French nuclear company Areva and Larsen & Tubro and between Areva and NPCIL will be discussed when leaders of India and France meet for official talks in New Delhi on Monday. It was during Prime minister Narendra Modi’s visit to Paris last April, Areva which had inked these agreements has since then had major financial meltdown and has now been taken over by a French utility company EDF. Due to this situation, the question that has now arisen is what is the future of the nuclear reactors that were to be built at Jaitpur, Maharashtra and will they be built by EDF? “EDF will be in the lead now, that is creating a change in the way nuclear negotiations will be conducted,” said French ambassador to India Francois Richier.
Financial Express 23rd Jan 2016 read more »
After being widely expected to announce a final deal for the construction of six new nuclear reactors today, India and France instead said the deal will be finalized within a year. The reactors would be built in Maharashtra state by French nuclear firm Areva, with work on all six to begin simultaneously in a move away from the two-at-a-time model India had previously followed when working with Russia’s Rosatom. Once completed, the reactors’ capacity is expected to total 9.9 GW. In advance of today’s announcement, analysts had suggested that a roadmap and a final deadline for construction of the Areva reactors would be forthcoming after previous delays to the project, which was first announced in 2010.
Penn Energy 25th Jan 2016 read more »
Hollande said an agreement for France’s Areva to build six nuclear reactors in India should be concluded within a year. The two sides have been wrangling over the price of power from these units for more than a year. Hollande and Modi have agreed to hasten the nuclear talks and aim for construction to begin in early 2017, they said in a joint statement.
Reuters 25th Jan 2016 read more »
World Nuclear News 25th Jan 2016 read more »