Tuesday, February 17, 2009
Russia, India sign 700 million dollars in nuclear fuel deals
Russia signed more than $700 million in deals on February 11 to supply India's nuclear reactors with fuel pellets, Russia's state-owned nuclear company said in a statement.
Major nuclear powers - including Russia, European states and the United States - are scrambling to sell nuclear services to India, which is trying to build new generation capacity to cope with a projected increase in demand for energy.
Atomenergoprom said its nuclear fuel unit, TVEL, and Indian nuclear officials signed the deals in Mumbai on Feb. 11.
"The total cost of contracts is more than $700 million," it said, adding it was the first long-term nuclear fuel contract signed with India since the 45-nation Nuclear Suppliers Group last September lifted a ban on nuclear trade with India.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
Major nuclear powers - including Russia, European states and the United States - are scrambling to sell nuclear services to India, which is trying to build new generation capacity to cope with a projected increase in demand for energy.
Atomenergoprom said its nuclear fuel unit, TVEL, and Indian nuclear officials signed the deals in Mumbai on Feb. 11.
"The total cost of contracts is more than $700 million," it said, adding it was the first long-term nuclear fuel contract signed with India since the 45-nation Nuclear Suppliers Group last September lifted a ban on nuclear trade with India.
To read the full article, click here..
To read the ePaper, visit: http://www.newsindia-times.com
Labels: fuel pellets, india, India's nuclear reactors, nuclear fuel contract signed, nuclear powers, nuclear services, Nuclear Suppliers Group, nuclear trade, Russia
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