India signs MoU with Areva for nuclear reactors

By NNN-PTI,

New Delhi : Ending 34 years of nuclear isolation, India Wednesday signed its first commercial contract to build atomic power plants here with French company Areva.


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Initially, Areva is expected to supply two European Pressurised Reactors (EPR) of 1650 MW each which are likely to be set up at Jaitapur in Maharashtra.

The MoU was signed by officials of the Nuclear Power Corporation of India Limited and Areva in the presence of Minister of State in PMO Prithviraj Chavan and visiting French Minister of State for Foreign Trade Anne Marie Idrac.

Chavan announced that Areva will set up a nuclear park at Jaitapur.

The agreement is expected to have the provision of supplying additional four EPRs at a later date.

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