India, France in talks for financing mechanism for Jaitapur n-project
India and France are trying to move forward on elements related to putting in place a financing mechanism and localisation component for the 9,900 MWe Jaitapur nuclear power plant in Maharashtra’s Ratnagiri district.
Responding to questions on civil nuclear cooperation between India and France and whether the Jaitapur project was put on pause, Foreign Secretary Vinay Mohan Kwatra said the French power company EDF and the Nuclear Power Corporation of India Limited (NPCIL) were discussing elements such as a financing mechanism and localisation component of the project.
