Thursday, January 17, 2013

India close to signing commercial pact with Areva

NEW DELHI: India may sign a commercial pact with French power major Areva for building two nuclear power reactors at Jaitapur in Maharashtra during the visit of French President Francois Hollande here next month.

"We have set our objective that before the French President's visit we should come to a good converging situation.I hope we are close to that," Atomic Energy Commission Chairman Ratan Kumar Sinha said when asked about talks with Areva.

He said the deal with Areva was one of the drivers for quick action in the relations with France.

"There have been plenty of discussions already, mainly on the techno-commercial offer and there seems to be reasonable hope of convergence," Sinha said.

He said lot of attempts have also been made by the French side and meetings have already taken place between the top officials of the nuclear establishments of both the countries.

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