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Salman Khurshid says Areva nuclear is close: report via The Economic Times

PARIS: India and French group ArevaBSE 0.05 % are close to agreement on a contract for Areva to build a nuclear power station on the west coast of India, Indian Foreign Minister Salman Khurshid said in a newspaper interview on Friday.

The project is for two European pressurised reactors (EPR) at Jaitapur 400 kilometres (250 miles) south of Mumbai.

The talks had reached a “very advanced stage”, the minister told the Le Figaro newspaper.

“We have to settle the questions of safety raised by the tsunami in Japan and this has an effect on the unit price of energy produced,” he said.

This was being studied by experts but “a final agreement is within reach,” he said.

The reference to Japan concerned a disaster at Fukushima in Japan in March last year when a tsunami caused by an off-shore earthquake overwhelmed a nuclear power station built on the coastline.

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