Areva may make EPR reactors in India

21 Jul 2006

1

New Delhi: French nuclear major Areva, the world's largest manufacturer of nuclear reactors, expects to ramp up its presence in India once the Indo-US nuclear deal goes through.

An accord on sharing technology to develop civil nuclear energy was signed between India and France during a visit in February this year by the French President, Jacques Chirac.

Areva's executive board chairperson, Ms Anne Lauvergeon, speaking at a meeting organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) said Areva would become a a major player in India's nuclear programme as soon as the international framework allows it. Areva already has a presence in the transmission and distribution segment in India.

Ms Lauvergeon said, "We expect that a significant share of an `EPR reactor' will be manufactured in India. And there is a potential to source in India some components to other international markets," she said. The EPR is Areva's next-generation European Pressurised Reactor.

Speaking later at the meeting, the Minister for Science, Technology and Ocean Development, Kapil Sibal, said that by 2025, India hoped to produce 25 per cent of its power generation from nuclear energy as compared to only 2.7 per cent at present.

Latest articles

OpenAI Acquires Neptune to Fortify Training Infrastructure as Valuation Hits $500 Billion

OpenAI Acquires Neptune to Fortify Training Infrastructure as Valuation Hits $500 Billion

Amazon and Google Roll Out Joint Multicloud Service to Boost High-Speed Connectivity

Amazon and Google Roll Out Joint Multicloud Service to Boost High-Speed Connectivity

TRAI Cracks Down on Spam: Over 21 Lakh Fraud Numbers Disconnected; New Advisory Issued

TRAI Cracks Down on Spam: Over 21 Lakh Fraud Numbers Disconnected; New Advisory Issued

Google Expands Taiwan Presence With New AI Engineering Centre

Google Expands Taiwan Presence With New AI Engineering Centre

Maruti Suzuki Crosses 3 Crore Domestic Sales Milestone — A New Chapter in India’s Automotive Story

Maruti Suzuki Crosses 3 Crore Domestic Sales Milestone — A New Chapter in India’s Automotive Story

Alaska Airlines Resumes Operations Following Major Tech Outage

Alaska Airlines Resumes Operations Following Major Tech Outage

Tesla's New AI Chip: A Strategic Partnership with Samsung and TSMC, Not a Replacement for Nvidia

Tesla's New AI Chip: A Strategic Partnership with Samsung and TSMC, Not a Replacement for Nvidia

Uber Rebrands ‘Green’ as ‘Electric,’ Offers $4,000 Incentives to U.S. Drivers to Accelerate EV Adoption

Uber Rebrands ‘Green’ as ‘Electric,’ Offers $4,000 Incentives to U.S. Drivers to Accelerate EV Adoption

Jaguar Land Rover Cyberattack Estimated to Cost UK Economy $2.5 Billion

Jaguar Land Rover Cyberattack Estimated to Cost UK Economy $2.5 Billion

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers