PARIKRAMA
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Francois Hollande visit to finalize deadline for 6 nuclear reactors
NEW DELHI: India and France are expected to announce a roadmap and deadline for construction of six new nuclear reactors by French company Areva when President Francois Hollande meets Narendra Modi for bilateral discussions on Monday.
India has also decided to move away from the Russian model of building two reactors at a time and will steam ahead with all six reactors simultaneously.
This is important in a number of ways — it will enable "Make in India" projects to utilize economies of scale and be profitable from the companies' point of view. For suppliers, investing in the technology and production systems for six reactors rather than two makes better sense.
Until now, India has followed the Kudankulam procedure of going two at a time. That would make it more difficult for companies intending to be suppliers and manufacturing in India. Second, it will be an enivironment friendly step, a commitment made during COP21.
Hollande's visit is more in the nature of reaffirming the strength of the bilateral relationship, with no big agreements in the pipeline. The headlines may be occupied by an intergovernmental agreement on the Rafale fighter aircraft, which continues to go through last-minute negotiations. India and France recently held their first maritime dialogue, indicating this area would see a lot of discussions during the visit.
Paris and Pathankot terror attacks will also come up for discussions, with the two countries in the crosshairs of Islamist terror. Both countries will intensify their discussions and cooperation on counter terrorism.
One of the less-appreciated aspects about French presence in India has been the fact that almost all of its top companies have a robust presence here, not something that can be said about India's other G7 partners. Some new B2B agreements are likely to be inked during the visit.
On the nuclear power front, India has stepped on the gas regarding the timeline for completeing nuclear projects with France. The delays have been attributed to two reasons — first, NPCIL's over-cautiousness about stepping into uncharted waters, and second, the fact that Areva was bought over by EDF, the French electricity facility. The reorganization as a result of the merger is ongoing and expected to continue for a while longer.
Meanwhile, L&T which signed an MOU with Areva last April is in the process of revamping its premier manufacturing facility in Hazira to be able to produce nuclear equipment in collaboration with Areva.
Francois Hollande visit to finalize deadline for 6 nuclear reactors - Times of India
@Vauban @Abingdonboy
NEW DELHI: India and France are expected to announce a roadmap and deadline for construction of six new nuclear reactors by French company Areva when President Francois Hollande meets Narendra Modi for bilateral discussions on Monday.
India has also decided to move away from the Russian model of building two reactors at a time and will steam ahead with all six reactors simultaneously.
This is important in a number of ways — it will enable "Make in India" projects to utilize economies of scale and be profitable from the companies' point of view. For suppliers, investing in the technology and production systems for six reactors rather than two makes better sense.
Until now, India has followed the Kudankulam procedure of going two at a time. That would make it more difficult for companies intending to be suppliers and manufacturing in India. Second, it will be an enivironment friendly step, a commitment made during COP21.
Hollande's visit is more in the nature of reaffirming the strength of the bilateral relationship, with no big agreements in the pipeline. The headlines may be occupied by an intergovernmental agreement on the Rafale fighter aircraft, which continues to go through last-minute negotiations. India and France recently held their first maritime dialogue, indicating this area would see a lot of discussions during the visit.
Paris and Pathankot terror attacks will also come up for discussions, with the two countries in the crosshairs of Islamist terror. Both countries will intensify their discussions and cooperation on counter terrorism.
One of the less-appreciated aspects about French presence in India has been the fact that almost all of its top companies have a robust presence here, not something that can be said about India's other G7 partners. Some new B2B agreements are likely to be inked during the visit.
On the nuclear power front, India has stepped on the gas regarding the timeline for completeing nuclear projects with France. The delays have been attributed to two reasons — first, NPCIL's over-cautiousness about stepping into uncharted waters, and second, the fact that Areva was bought over by EDF, the French electricity facility. The reorganization as a result of the merger is ongoing and expected to continue for a while longer.
Meanwhile, L&T which signed an MOU with Areva last April is in the process of revamping its premier manufacturing facility in Hazira to be able to produce nuclear equipment in collaboration with Areva.
Francois Hollande visit to finalize deadline for 6 nuclear reactors - Times of India
@Vauban @Abingdonboy
