AREVA consolidates its leadership in 765 kV extra high voltage in India

August 26th, 2009 Siemens buys majority in 2 Chinese metal companiesFRANKFURT — German industrial conglomerate Siemens AG said Wednesday it bought a majority stake in two small Chinese metal companies, but did not release financial details. Munich-based Siemens said its energy division acquired the majority holding in Yangtze Delta Manufacturing, a metalworking company, and aluminum foundry GIS Steel & Aluminum Products, both of which are headquartered in Hangzhou.

July 29th, 2009 KOLKATA - The US-based Astonfield Renewable Resources Limited has set its eyes on non-conventional energy generation in India by exploiting offshore wind, tidal and concentrated solar energy resources, a top company official said here Wednesday. "We're very interested to explore offshore wind, tidal energy and solar thermal to generate renewable power in India," Astonfield Management Inc co-chairman and director Sourabh Sen said.

July 24th, 2009 NEW DELHI - Renewable energy player Astonfield will invest around $2 billion in India over the next five years to generate about 1,000 MW of power, most of it from solar sources, a top official said Friday. "We are going to make an announcement in the next 30-60 days.

July 14th, 2009 PARIS/NEW DELHI - The G8 declaration on inhibiting the transfer of enrichment and reprocessing technologies (ENR) to those countries who have not signed the Nuclear Non-Proliferation Treaty (NPT) would have no effect on India, Indian officials said here ahead of the meeting between Prime Minsiter Manmohan Singh and French President Nicolas Sarkozy Tuesday. "We are receiving no help from anybody," official sources said.

July 14th, 2009 PARIS - The decision of the G8 countries to put a ban on helping non-NPT countries to reprocess uranium would have no effect on India, officials accompanying Prime Minister Manmohan Singh for his four-day trip to France and Egypt said. "We are receiving no help from anybody," official sources said.

July 10th, 2009 NEW DELHI - As Prime Minister Manmohan Singh goes to Paris Monday, France is moving ahead rapidly to implement its bilateral civil nuclear pact with India. French company Areva is close to finalising a contract for two nuclear reactors to be set up in Maharashtra.

June 30th, 2009 Areva to sell transmission division to raise cashNEW YORK — Nuclear power giant Areva said Tuesday it would sell its transmission and development division in a bid to raise cash to shore up its balance sheet and fund future investments. Paris-based Areva, the world's largest nuclear reactor builder, bought the division for about 920 million euros in 2004 from French power provider Alstom.

May 21st, 2009 NOIDA - AREVA T andD India has received a prestigious order for 400 kV Substation at Kharagpur (West Bengal), from West Bengal State Electricity Transmission Company (WBSETCL). The order is on a turnkey basis and includes major T andD equipments such as large power transformers, 400/220/132 kV breakers, automation system with control and relay panels and instrument transformers (CT / CVT / wave traps).

April 30th, 2009 Air France exec to chair Areva supervisory boardPARIS — Areva SA has appointed Air France-KLM chairman Jean-Cyril Spinetta to chair its supervisory board, the French state-owned nuclear engineering firm said Thursday. Spinetta, 65, replaces former supervisory board chairman Frederic Lemoine, who resigned earlier this month.

March 24th, 2009 MUMBAI - Nuclear Power Corp of India Ltd (NPCIL) and Bharat Heavy Electricals Ltd (BHEL) Monday inked two separate deals with GE-Hitachi to build nuclear reactors for power generation in India. GE-Hitachi is a joint venture between the General Electric Co of the US and the Japan-based Hitachi Ltd.

February 13th, 2009 NEW DELHI - The country's leading power producer NTPC Ltd Saturday signed a memorandum of understanding (MoU) with Nuclear Power Corp of India Ltd (NPCIL) to jointly produce nuclear power plants. As per the proposal, the power majors will set up a joint venture company in which NPCIL will hold 51 percent stake and NTPC will own the rest, a government statement said.

February 3rd, 2009 NEW DELHI - 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.

February 2nd, 2009 NEW DELHI - India and France are set to start a new chapter in civilian nuclear cooperation when French nuclear giant Areva signs a pact with India's nuclear monopoly NPCIL Wednesday for the import of new generation EPR-type nuclear reactors. A memorandum of understanding (MoU) between the Nuclear Power Corporation of India Limited (NPCIL) and Areva will be inked here in the presence of French Minister of State for Foreign Trade Anne-Marie Idrac and Minister of State in the Prime Minister's Office Prithviraj Chavan.

January 16th, 2009 NEW DELHI - France-based Areva will deliver 300 tonnes of uranium to India, the first consignment of foreign nuclear fuel to reach the country in nearly 34 years, a top French government official said here Saturday. 'This is a very important symbolic gesture and we are happy that France will be the first country to give fuel to India in 34 years,' said Jean-David Levitte, diplomatic adviser to the French president.

January 12th, 2009 NEW DELHI - Qatar will this year increase its supply of liquefied natural gas (LNG) to India, the nation's Oil Minister Abdullah bin Hamad al-Attiyah said here Tuesday. Qatar will sell 'extra LNG cargoes this year', the minister told reporters on the sidelines of the Petrotech 2009 conference.