The state-owned units of India's Department of Atomic Energy (DAE) performed well in 2017: Nuclear Power Corporation of India Limited's 2017 profit of $482 million was its highest ever; Uranium Corporation of India Ltd., achieved its highest ever production; and fuel cycle company Nuclear Fuel Complex achieved 115% of its...
GE and EDF to Set Up Six EPRs in India
GE and French Electricite De France (EDF) signed a strategic cooperation agreement for the planned construction of six EPR reactors at the Jaitapur site in Maharashtra, India. The EPR -- European Pressurized Reactor or Evolutionary Power Reactor -- is a third generation nuclear reactor developed by the French companies Areva...