First tranche of Canadian uranium for India’s nuclear reactors arrives after four decades (December 2015)

NEW DELHI: Four decades after civil nuclear cooperation was suspended following the test at Pokhran the first consignment of uranium from Canada for India’s nuclear reactors has arrived this month following conclusion of commercial pact between the two sides during PM visit last April.

This is the first tranche of uranium for India as committed under five year contract and launch of implementation of civil nuclear deal, Canadian High Commissioner to India Nadir Patel told ET in an exclusive interaction days after the consignment arrived. Canada, following the contract, will supply 3,000 metric tonnes of uranium to energy-hungry India beginning this year under a $254 million five-year deal to power Indian atomic reactors.

“This consignment is first tangible result of the deal and has set the stage for partnership across full spectrum of nuclear energy ecosystem,” Patel pointed out

Read more at:http://economictimes.indiatimes.com/articleshow/50240479.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

By Dipanjan Roy Chaudhury, ET Bureau | 19 Dec, 2015, 03.57AM IST

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