Both BPI France and SFIL are French government-owned financial institutions. Loan is a major component of EDF and NPCIL negotiations. French major EDF, which has got the contract for building reactors
The company is supposed to supply two reactors of 1,650 Mw each to the Nuclear Power Corporation (NPC) for Jaitapur Areva, the Paris-based partner for the government in the Jaitapur nuclear power project in Maharashtra, has asked the French government and banks for help on cost-sharing.
They have intensified their cause to save the environment from effects of radioactivity. Indian government officials are set to meet French and other European investors over the week in Paris to discuss
A crucial investors’ meeting to underwrite the financial package for two 1,650 megawatt Areva EPR reactors to be built in Jaitapur, Maharashtra, got under way here with a top four-man team from India,
Nuclear Power Corporation (NPC), Areva and French banks and financial institutions will negotiate terms and conditions to provide funds for the development of 9,900 MW Jaitapur nuclear power project in
NPC is busy carrying out project site development and CSR activities In the wake of the Supreme Court’s green signal to the Kudankulam nuclear project, those protesting against the proposed 9,900-Mw Jaitapur nuclear project in Maharashtra are gearing to intensify their agitation. NGOs including Raigad Bachao Samiti and Konkan District Jagruk Manch said they will launch the stir afresh to mobilise villagers against the Jaitapur project, raising security concerns. Shiv Sena, the lone political party in Maharashtra opposed to the project, also said a fresh round of agitation will be unleashed soon.
Winning back confidence in nuclear power after Fukushima Daiichi nuclear accident in March difficult, but will require unwavering commitment to safety International Atomic Energy Agency (IAEA) Director General Yukiya Amano said on Monday public awareness was important to ensure nuclear power projects do not face opposition. He acknowledged the concerns and opposition to nuclear power capacity addition. “Public acceptance is also an important issue. I know this has been a concern in India, as in other countries, and that there have been demonstrations against the construction of new nuclear power plants,” Amano said in Mumbai at an event organised by the Indian Nuclear Society.
Nuclear Power Corporation of India Ltd ( NPCIL) and French conglomerate Areva won’t be able to exchange documents for the final works contract on the supply of two evolutionary pressurised reactors (EPRs) for the Jaitapur nuclear project in the presence of visiting French President François Hollande on Friday. Negotiations between the two for the initial supply of two EPRs of 1,650 Mw each for the proposed 9,900-Mw project in Maharashtra have been stuck over cost and tariff.
The Maharashtra government’s decision to give increased compensation to the Project-Affected People (PAP) of the proposed 9900-MW Jaitapur Nuclear Power Plant (JNPP), in the backdrop of French President Francois Hollande’s visit to India, has met with serious opposition. The farmers and fishermen fighting against the JNPP on Thursday rejected the increased compensation package declared by the government, calling it a “cruel joke.”
French President Francois Hollande today discussed the proposed Jaitapur nuclear power plant, under the Indo-French civil nuclear partnership, with Prime Minister Manmohan Singh. The $10-billion Rafale medium multi-role combat aircraft deal was also discussed. The aircraft are manufactured by French firm Dassault Aviation This is Hollande’s first official visit to an Asian country since he was elected President of France last year. “This demonstrates the importance of this relationship to our two countries
MUMBAI: The state government has approved a hefty compensation package for farmers opposing the Jaitapur nuclear power plant. The revised package offers affected farmers Rs 22.5 lakh per hectare instead of Rs 1.5 lakh to Rs 4 lakh announced earlier. The Nuclear Power Corporation of India Limited (NPCIL) plans to set up a 9,900 MW nuclear power plant at Jaitapur in Ratnagiri district. "The new package is much higher than the existing ready-reckoner rates. The package is lucrative and has been designed to benefit farmers. With the revised financial package, we hope that farmers protesting against the project will withdraw their agitation and part with their land," revenue minister Balasaheb Thorat told TOI.
