Areva, NPCIL to sign deal for new reactors Wednesday

September 13th, 2009 BHUBANESWAR - The state-owned National Aluminium Company (NALCO) is in talks with another public sector undertaking to set up a nuclear power plant in the country, an official said Sunday. The aluminium major is in talks with the Nuclear Power Corporation of India (NPCIL) to set up the plant for which the exact location is yet not finalised.

August 31st, 2009 CHENNAI - With the receipt of dummy fuel from Russia, India has moved a step forward towards commissioning the first unit of 2x1,000 MW Kudankulam Nuclear Power Project in Tamil Nadu. IANS reliably learns that the dummy fuel landed in Tuticorin port Saturday and has reached Kudankulam where the Nuclear Power Corp of India Ltd (NPCIL) is putting up the project with Russian equipment.

July 30th, 2009 NEW DELHI - Minister of State in PMO Prithviraj Chavan on Thursday said that many countries want to sell nuclear reactors to India, but any deal in this regard would be struck only on terms set down by the government. "We are planning to import nuclear reactors.

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 10th, 2009 MUMBAI - Taking their nuclear cooperation to another level, Russia's leading nuclear company TVEL and India's Department of Atomic Energy Wednesday signed two contracts for supplying uranium for Indian nuclear reactors. The Department of Atomic Energy and TVEL, a joint stock company of the Russian Federation, have signed a contract for the long-term supply of 2,000 tonnes of natural uranium pellets for India's pressurised heavy water reactors, the DAE said in a statement here.

February 7th, 2009 MOSCOW - Russian nuclear fuel producer TVEL expects to sign a $780 million contract for fuel supplies to Indian nuclear power plants, a spokesman for Russia's state nuclear power corporation Rosatom has said. The contract, if signed, could make Russia the first country to supply nuclear fuel to India since the Nuclear Suppliers Group lifted a three-decade ban on nuclear fuel sales to the country on Sept 6, 2008.

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.

January 18th, 2009 NEW DELHI - Hailing India as an 'El Dorado' for nuclear business, the government Monday ruled out the participation of the private sector in the country's burgeoning civil nuclear industry for at least five years. Announcing an ambitious plan to expand atomic power generation to 50,000 MW by 2040, the government also underlined that India would not only be an importer of nuclear equipment but could also be an exporter of fast-breeder and thorium-based reactors.