[Trying again with a useful subject line]
http://www.energymarketprice.com/SitePage.asp?act=NewsDetails&newsId=18849
[Note GE will not participate so long as it is subject to conventional
liability law in India, but only after given government protection, as
is done in U.S., U.K., Canada etc.]
EDF inks preliminary agreement to build six nuclear plants in India
27/01/2016
French utility EDF declared on Tuesday it had inked a preliminary deal
with Nuclear Power Corp of India Ltd (NPCIL) to construct six nuclear
reactors at Jaitapur, in the west of India.
EDF is taking over the long-postponed project, which might turn into the
world's huge nuclear agreement, from fellow French state-controlled
group Areva, which will vend its reactor unit to EDF later this year.
The Jaitapur project is at the primary technical studies stage after
obtaining initial environmental approval in 2010, according to EDF. An
accord for pre-engineering studies was signed by Areva and NPCIL last
April. EDF declared that in the next few months it would go on with the
work started by Areva and NPCIL to get authorization for the European
Pressurised Reactor (EPR) reactor in India and to settle the economic
and financial conditions. The six 1650 megawatt EPR reactors with a
total capacity of approximately 10,000 MW would make Jaitapur one of the
world's largest nuclear sites and the deal, if concluded, one of the
biggest in the history of the nuclear industry. Nevertheless Indian
legislation on manufacturer's responsibility has long blocked French, US
and Russian nuclear projects in the country. General Electric Chairman
Jeff Immelt announced in September that GE will not make any investment
in atomic energy in India until accident liability laws are brought in
line with international practice. Following 1984 Bhopal gas tragedy,
India's parliament ratified a law six years ago that makes equipment
providers liable for an accident. French President Francois Hollande,
making a state visit to India, made known on Monday that a deal to build
the six nuclear reactors must be settled within a year. EDF also
mentioned that its EDF Energies Nouvelles division had decided to
collaborate with India's SITAC to construct four onshore wind farms by
the end of 2016 with a total capacity of 142 MW in the state of Gujarat.
_______________________________________________
Sustainablelorgbiofuel mailing list
Sustainablelorgbiofuel@lists.sustainablelists.org
http://lists.eruditium.org/cgi-bin/mailman/listinfo/sustainablelorgbiofuel
