Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

India signs uranium contract with Russia

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • Russia india
    The civil nuclear co-operation between India and Russia was reached during President Medvedev’s visit to India.

    Moving quickly to procure uranium for many of the fuel-starved nuclear reactors in the country, India on Wednesday finalized two purchase agreements with Russia for supply of large quantities of uranium.

    The Nuclear Power Corporation of India (NPCIL) placed orders for 2000 tonnes of uranium for its various Pressurised Heavy Water Reactors (PHWRs) with Russia's TVEL, one of the largest suppliers of uranium in the world.

    Simultaneously, it also renewed its order for 60 tonnes of low enriched uranium (LEU) from the same company for its two units at the Tarapur Atomic Power Station.

    The orders are likely to materialise in the next couple of months.

    The purchase agreements come within a week of NPCIL signing a commercial pact with France's Areva for building two nuclear reactors in Jaitapur in Maharashtra. Areva would provide uranium for these reactors for their entire lifetime.

    Ads by Google

    Russia is also responsible for ensuring life-time supplies of uranium for the four nuclear reactors it is building in Kudamkulam in Tamil Nadu. Two of these reactors are in the advanced stages of completion, with the first unit slated to be commissioned by June this year. The first consignment of uranium for the this soon-to-be-commissioned unit had arrived in May last year, sourced again from TVEL.

    The purchase orders with the Russian company follow a civil nuclear cooperation agreement that India and Russia had signed during Russian President Dmitri Medvedev's visit to New Delhi in December last year.

    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.