Thursday, June 14, 2012

Areva anticipates 2012 signing of reactor deal in India

Areva anticipates 2012 signing of reactor deal in India
France's Areva expects to sign a reactor-construction deal with Nuclear Power Corporation of India by year-end, said Arthur Montalembert, chairman of Areva India. The companies initially agreed in 2010 to construct two 1,650-megawatt reactors at the Jaitapur plant in India. "If we sign the contract by the year-end, we will target to commission the first reactor by the year 2020 and the second by 2021," Montalembert said. Fox Business/Dow Jones Newswires (6/13)

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