Areva to supply reactors, fuel, and uranium to India

Idaho Samizdat reports:

Areva, the world's biggest manufacturer of nuclear reactors, has signed a deal with India to sell at least two and possibly six 1,600 MWe EPR nuclear reactors according to a report by Bloomberg wire service.

The reactor deal is worth an estimated at $6-9 billion for the first two reactors. They will be built at Jaitapur in the western state of Maharashtra. Significantly, deal for the Areva EPRs comes with a side agreement for supply of nuclear fuel for the lifetime of the plants, perhaps as long as 60 years. Separately, Areva has signed an initial deal with NPCIL to supply 300 tonnes of uranium to India to use in its civilian nuclear reactors.