Areva - NPCIL Deal to end Uranium Shortage in India
AREVA is a French nuclear energy company, engaged in designing and construction of nuclear power plants. The company has built about 100 nuclear plants in 11 countries and has a sales network in over 100 countries. Areva also supplies fuel and offers maintenance and modernization services to the nuclear power plants. Additionally, it offers engineering and project management services to power plants and nuclear reactors. The four sectors into which it operates are Fuel sector, Plants sector, Nuclear Services sector, and Equipment sector. It also serves as Original Equipment Manufacturer (OEM). Areva operates its business through three main subsidiaries namely, Areva NP (66%), Areva NC (100%) and Areva T&D (100%). Nuclear Power Corporation of India Limited (NPCIL) is the sole nuclear power producing public sector company in India. The company operates 17 nuclear reactors and currently constructing five new nuclear power reactors. NPCIL is responsible for about 3% of India’s total electricity generation.
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Areva - NPCIL Deal to end Uranium Shortage in India Reference Code: GDNE0012VPT Publication Date: JAN 2009 Nuclear Energy Viewpoint GDNE0012VPT / Published JAN 2009 © GlobalData This brief is a licensed product and is not to be photocopied Page 1 Table of Contents 1 Table of Contents 1 Table of Contents 2 1.1 List of Figures 3 2 GlobalData Viewpoint 4 2.1 Summary 4 3 Areva & NPCIL Deal to end Uranium crisis in India 5 3.1 Deal Overview 5 3.2 India’s Projected Nuclear Capacity and Uranium Requirements 5 3.3 The Deal Marks the End of India’s Nuclear Isolation from Nuclear Suppliers Group 7 3.4 Conclusion 7 4 Recent developments 8 4.1 Dec 16, 2008: AREVA Signs Agreement With NPCIL For 300 Tonnes Of Uranium 8 4.2 Dec 11, 2008: India To Negotiate With Russia For More Nuclear Reactors 9 4.3 Dec 08, 2008: India To Receive Uranium Imports By April 2009 10 5 Appendix 12 5.1 Methodology 12 5.1.1 Coverage
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