France signs deal with India to supply nuclear power stations $9.2bn contract with Areva to equip site south of Mumbai

Areva closes deal with India to build nuclear power plants
France's Areva agreed with the Nuclear Power Corp. of India to build six 1,650-megawatt European Pressurized Reactors in Jaitapur, India, which are expected to open by 2020 at an estimated cost of $9.2 billion. The project site meets the criteria to "reconcile the objectives of economic growth, fuel-mix diversification, global diplomacy and environmental protection," said Jairam Ranesh, India's environment minister. The Observer (London)