Aided by imported uranium and new plants, India' s Nuclear Power Corporation (NPCIL) generated 32,455 million units of electricity in the year ended March 31, 2012, 22.5 per cent higher than the year before. Currently, NPCIL operates 19 nuclear power reactors in the country. NPCIL said revenue was $1.9 billion...
Areva gains lead in civil nuclear race in India
France's Areva has signed an EUR 7 billion framework agreement with Nuclear Power Corporation of India Ltd (NPCIL) for the construction of two EPR reactors at Jaitapur in Maharashtra state, to be commissioned in 2017-18, along with uranium fuel of 25 years. Alstom will supply the turbine- generators separately. Site...
India may sign Nuclear Convention on Supplementary Compensation
Prior to President Obama's visit to New Delhi, India plans to sign a critical international agreement that defines the terms of liability and compensation in the event of an atomic accident, says the Indian Express newspaper. The CSC or Convention on the Supplementary Compensation for Nuclear Damage, has been the ...
Nuclear energy liability legislation passes Lok Sabha
Last week, India's Lok Sabha, the lower house of parliament passed a civilian nuclear liability bill that would pave the way for foreign companies to join a nuclear-reactor building spree. This bill caps foreign suppliers' liability in case of an accident at $320 million. The bill now goes to the...