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France’s President Hollande visits India, hoping to market nuclear reactors

Hollande-salesFrance Signals Rafale, Nuclear Progress as Hollande Visits India, Bloomberg,  HeleneFouquet January 24, 2016 France signaled a state-to-state accord with India could be signed on Monday over a deal for 36 Dassault Aviation SA Rafale fighter jets, and that a six-year-old plan to build nuclear reactors in the South Asian nation would see some progress…………

The reactors are planned for Jaitapur, a coastal town in India’s western province of Maharashtra. Areva was seeking further clarity from India on its nuclear liability law before moving ahead with what would be India’s biggest nuclear plant.

The agreement India and the U.S signed recently over insurance-related issues for nuclear plants will help in overcoming certain hurdles, Royal said.

 India last year pledged to create a 15 billion rupee ($222 million) insurance pool to shield nuclear plant operators, as well as equipment suppliers, against damages during an accident. Some have argued the pool may not be sufficient.http://www.bloomberg.com/news/articles/2016-01-24/france-signals-rafale-nuclear-progress-as-hollande-visits-india

January 24, 2016 - Posted by | France, India, marketing

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