Driven by the IAEA's unanimous clearance over India-specific safeguards agreement, world's largest nuclear power firm Areva of France is gearing up to enter India's nuclear power sector in a big way and is planning to float a separate subsidiary for it.
Globally, Areva has two separate companies, one for nuclear power generation - Areva NP, and another for transmission and distribution - Areva T&D. Areva NP is a JV between Areva and Siemens and holds 66% stake in the venture.
India is steadily marching forward to sealing the civilian nuclear deal with the US. The deal is now two hurdles behind. First, it has to be cleared by the 45-member Nuclear Suppliers Group (NSG) and then ratified by the US Congress.
Globally, Areva has two separate companies, one for nuclear power generation - Areva NP, and another for transmission and distribution - Areva T&D. Areva NP is a JV between Areva and Siemens and holds 66% stake in the venture.
India is steadily marching forward to sealing the civilian nuclear deal with the US. The deal is now two hurdles behind. First, it has to be cleared by the 45-member Nuclear Suppliers Group (NSG) and then ratified by the US Congress.
No comments:
Post a Comment