EDF to propose deal for six nuclear reactors by year end
EDF will deliver a proposal to the Indian government by year's end to build six nuclear reactors, an executive at the French utility said, in what could be the world's biggest nuclear deal. The company in January had announced a preliminary agreement with Nuclear Power Corp of India Ltd (NPCIL) to build six EPR nuclear reactors at Jaitapur in western India. "India has asked us to present a complete technical and economic proposal for six EPRs by the end of this year. We are working hard on this," Xavier Ursat, EDF head of new nuclear, told shareholders at their annual general meeting.