Thursday, June 14, 2012

India, US sign pact for installation of first American nuclear reactor in India

The US firm Westinghouse Electric and the Nuclear Power Company of India Ltd., NPCIL have signed a preliminary pact for an Early Works Agreement, EWA for the installation of the first 1,000 MW American nuclear reactor in India under the historic 2008 Indo-US civil nuclear deal.The signing of the MoU, coincides with the third Indo-US Strategic Dialogue headed by US Secretary of State Hillary Clinton and External Affairs Minister S M Krishna.The MoU relates to negotiating an EWA supporting future construction of 1,000 MW nuclear power reactors at the Mithivirdi site in Bhavnagar district in Gujarat.

Speaking at a joint press conference in Washington with External Affairs Minister, S.M. Krishna, the US Secretary of State Hillary Clinton said this is a significant step towards fulfillment of our landmark civil nuclear cooperation agreement.

External Affairs Minister, S.M. Krishna said, this should put at rest some of the interpretations and some of the confusion that was prevailing in the immediate aftermath of signing the accord. He expressed hope that India and the United States are moving forward to forge a mature phase of ties.


Courtesy: AIR

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