$9.2bn contract with Areva to equip site south of Mumbai
Two years after reaching agreement with India on the supply of six European pressurised reactors (EPRs), Areva has signed a series of contracts with the Nuclear Power Corporation of India (NPCIL) for the construction of two 1,650-MW reactors.
"India has little experience in the field of civilian nuclear power, which entails a large amount of technical preparation and lengthy negotiations," an Areva engineer said. The power stations should be in operation by 2020, at a cost of $9.2bn.
Until 2008 there was an embargo on sales of civilian nuclear technology to India, but it is now the fourth country to purchase Areva EPRs, after France, Finland and China.
