France's Areva eyes deal to supply two reactors to India

CIVIL NUCLEAR

by Staff Writers
Paris (AFP) Sept 29, 2008
French energy firm Areva hopes to profit from an expected Franco-Indian nuclear pact by supplying the Asian giant with two of the latest design of reactors, the group said Monday.

An Areva spokeswoman said the company planned to ship two third-generation European Pressurised Reactors and a supply of nuclear fuel to India, which could lead to a bigger contract to supply a series of reactors.

On Saturday, the head of the Indian chamber of commerce said his country's nuclear market could be worth up 20 billion euros (29 billion dollars) to Areva and other French firms such as Alstom over the next 15 years.

Indian President Manmohan Singh was in the French city of Marseille on Monday for an EU-India summit and was to travel to Paris on Tuesday for bilateral talks with France's President Nicolas Sarkozy.

The nuclear accord will be on the table in Paris, and Singh was also expected to hold talks with energy executives.

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CIVIL NUCLEAR

Nuclear deal to bring new status: Indian PM

New Delhi (AFP) Sept 28, 2008
India is close to securing a new position in the world nuclear order, Prime Minister Manmohan Singh said as the US House of Representatives passed a major atomic energy pact with New Delhi.

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