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India seals uranium purchase deals with Russia

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    Within a week of signing an agreement with France’s Areva for the supply of 300 tons of uranium, India on Wednesday moved further ahead towards ensuring fuel security for its nuclear power plants, finalising two purchase agreements with Russia for long term supply of uranium.

    The Department of Atomic Energy placed an order for 2,000 tonnes of natural uranium pellets for its various Pressurised Heavy Water Reactors (PHWRs) with Russia’s TVEL, one of the largest suppliers of uranium in the world and a company that has supplied fuel for Indian reactors in the past as well.

    Additionally, India also ordered for about 60 tonnes of low enriched uranium (LEU) pellets for its two boiling water reactor units in Tarapur being operated by the Nuclear Power Corporation of India Limited (NPCIL). This is a repeat order with Russia which has supplied LEU for the BWRs on two earlier occasions.

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    The purchase orders are a consequence of the civil nuclear agreement that was signed by the two countries during Russian President Dmitri Medvedev’s visit to India in December 2008. The orders were signed by president of TVEL Y Olenin and DAE Director of Purchase and Stores H C Soni at the DAE headquarters in Mumbai.

    The fresh orders come just a week after NPCIL signed a commercial pact with France’s Areva for the building of two nuclear reactors in Jaitapur in Maharashtra and the supply of 300 tonnes of uranium.

    The orders, which are likely to materialise in the next couple of months, will bridge the huge gap between the demand and supply of fuel for the Indian nuclear power plants, many of which have been running at well below half of their operating capacities for over a year now.

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    Next12
    Nuclear energyBy: Narendra | 12-Feb-2009 Reply | Forward Well done. We need a lot of International corporation and a well balanced foreign policy. We need a lot of nuclear reactors because as we builsd nuclear reactors, the electricity that is produced is always in demand and more or less we have constant shortage of electricity. At the beginning of Nuclear Treaty weith USA, we were estimating an increase of nearly 50,000 MW from nuclear power. As usual our leaders talk big and do less. We should do more and talk less. Look at our neighbour China. China produces much more electricity than India. We must work aggressively. Simply build more atomic reactors. All hard work, investments will bear fruits.
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