["Pre-engineering agreements were inked between NPCIL and Areva which intend to bring clarity on all technical aspects of the plant so that all parties (AREVA, Alstom and NPCIL) can firm up their price and optimise all provisions for risks still included at this stage in the costs of the project."
So, shorn of diplomatese, in plain language it means the price (of the plant to be delivered) remains to be finalised and so does defining the elements of "risks" to be incurred by the vendor.] I/II. http://indianexpress.com/article/india/india-france-sign-17-agreements-during-pm-modis-visit/ NATION SUNDAY, APR 12, 2015 Modi, Hollande agree to 17 terms including stalled nuclear project Indian Prime Minister Narendra Modi, left, is greeted by French President Francois Hollande before a meeting at the Elysee Palace, in Paris, France, Friday, April 10, 2015, as part of a European tour for the Indian leader. (AP Photo) By: Press Trust of India | Paris | Updated: April 11, 2015 11:40 am India and France today signed 17 agreements, including on the stalled nuclear project in Jaitapur in Maharashtra, after Prime Minister Narendra Modi held wide-ranging talks with French President Francois Hollande. An MoU was signed between Larsen and Tubro and AREVA aimed at cost reduction by increasing localisation, to improve the financial viability of the Jaitapur project. The agreement will also enable transfer of technology and development of indigenous nuclear energy industry in India. ***Pre-engineering agreements were inked between NPCIL and Areva which intend to bring clarity on all technical aspects of the plant so that all parties (AREVA, Alstom and NPCIL) can firm up their price and optimise all provisions for risks still included at this stage in the costs of the project*** [emphasis added]. [So, shorn of diplomatese, in plain language it means the price (of the plant to be delivered) remains to be finalised and so does defining the elements of "risks" to be incurred by the vendor.] Snipped II. http://www.newindianexpress.com/nation/Modi-Hollande-Ink-Two-Nuclear-Pacts/2015/04/11/article2758608.ece Modi, Hollande Ink Two Nuclear Pacts By Express News Service Published: 11th April 2015 06:00 AM Last Updated: 11th April 2015 09:28 AM NEW DELHI: India and France on Friday signed two civil nuclear agreements, with Prime Minister Narendra Modi saying that progress has been made in the case of six nuclear plants at Jaitapur. ***"Regarding Jaitapur, we have made progress in the issue of 6 nuclear plants," said Modi after holding talks with French President Francois Hollande in Paris*** [emphasis added]. The Prime Minister is in France, on the first leg of his three-nation, nine-day foreign tour, which includes Germany and Canada. ***A joint statement said that the two leaders 'encouraged their commercial enterprises for an early conclusion of techno-commercial discussions for the six nuclear plants with "due consideration to project viability and in the framework of an ambitious partnership for large and critical components"*** [emphasis added]. [So, again, in plain language it means that the "techno-commercial discussions for the six nuclear plants"/reactors remain to be concluded. So the clinching of the "deal" is at least some distance away.] Areva, the French nuclear company, signed two pacts, one on pre-engineering with Nuclear Power Corporation India Limited and another with Larsen and Toubro. The agreement with latter is aimed at cost reduction by increasing localisation and improving the financial viability of the Jaitapur project".The agreement would also enable transfer of technology and development of indigenous nuclear energy industry in India. Modi specifically recognised the Areva-L&T pact as 'very important' in line with the Make in India policy of the government. The second agreement is for conducting 'pre-engineering studies to bring clarity on all technical aspects of the plant so that all parties can firm up their price and optimise all provisions for risks still included at this stage in the costs of the project". "The two leaders also urged their atomic energy establishments to lay an ambitious foundation for the future of India-France civil nuclear cooperation, including a wide range of subjects, also in the area of civil nuclear liability," said the statement. In total, 17 agreements were signed in the fields of culture, space, education, sports and Sister Cities among others. -- Peace Is Doable -- You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at http://groups.google.com/group/greenyouth. For more options, visit https://groups.google.com/d/optout.
