Post NSG waiver: Who's on India's nuclear trade radar?

By Nayantara Rai , CNBC-TV18:

 

Even though America was primarily responsible for India getting the NSG waiver, the Indian government seems to be working with the French and Russians for nuclear commerce. So, who is the Indian government leaning towards right now?

 

Russia's Rosatom is building two reactors of 1,000 mw each in Tamil Nadu at a cost of USD 6 billion, sources said. The French government owned Areva plans to build a 1,600 mw reactor at Jedapur, which is expected to cost USD 4 billion. NPCIL plans to undertake construction managment to reduce cost. The Indian government is leaning towards Genral Electric and Westinghouse in the US, they said, adding that nothing is finalised with American companies yet.

 

"The Areva Group is already present in India through its transmission and distribution and renewable energy activities. It is interested in India's nuclear power market where Areva is world leader thanks to its integrated offer."

 

"We urge the US Congress to act quickly to take the necessary steps to approve the US-India 123 Agreement.  A delay in securing Congressional ratification of the 123 Agreement until next year, could put US firms at a disadvantage."