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IAF already has an order for 22 Apache Attack Helicopters with Boeing । Apaches for the Army are to have the same configuration । There will no more field and firing trials । Army has projected a requirement of 39 helicopters । MoD sanctions combat helicopters for the Army for the first time । Six Apache AH 64E to be given to the Indian Army as a beginning । India Marks 70th Anniversary of Independence Day August 15 । India Strategic Congratulates All Indians Everywhere । HAL Successfully Installs Israeli AESA Radar on a Jaguar aircraft । IAF Bases at Pathankot and Jorhat Upgrading Infrastructure to Receive Boeing Apache Attack Helicopters in 2018 । Dinesh Keskar, Boeing Sr VP Sales for India and Asia Pacific for Civil Aviation, says the region will account for 40% of aircraft sales । China will be the biggest market and India after that । India remembers its heroic martyrs on Kargil Vijay Diwas July 26 । Ram Nath Kovind sworn-in as 14th President and Supreme Commander of the Indian Armed Forces । Iraq Foreign Minister Dr Ibrahim al-Jaafari visits India July 24-28 । He called on Vice President Hamid Ansari, EAM Sushma Swaraj and discussed host of bilateral issues । Indian NSA Ajit Doval visits China to take part in BRICS NSA meet । Indian NSA’s visit comes amid India-China Dokalam stand-off । G20 should collectively oppose terrorism financing, franchises, safe havens, support and sponsors: PM Modi at Informal BRICS leaders meeting in Hamburg, Germany । He appreciated momentum in BRICS under the Chairmanship of President Xi and extended full cooperation and best wishes for the BRICS Xiamen Summit in Sep, 2017 । President Xi appreciated India’s strong resolve against terrorism । The Chinese President also appreciated India’s success in economic and social development and wished India even bigger success । US lifts personal electronics ban on Emirates, Etihad and Qatar airlines । Passengers on these three carriers can now carry their laptops and tablets along with them for flights to all destinations in the US । India, Israel sign 7 agreements including on space technology, agriculture and water conservation । Prime Minister Narendra Modi arrives in Tel Aviv for his 3-day visit to Israel from July 4-6 । The visit, termed as ‘historic,’ is the first ever by an Indian PM to Israel । Israeli PM Netanyahu breaks protocol to receive PM Modi at the airport and accompany him on his engagements । PM Modi visits Holocaust Memorial Museum at Yad Vashem । PM Modi’s visit comes at a time when the two nations are celebrating the establishment of 25 years of their diplomatic relations । Happy 4th of July to all our friends in the U.S । India launches communication satellite GSAT-17 June 29 । GSAT-17 was launched using European Ariane 5 launch vehicle from Kourou, French Guiana । Government gives ‘in principle’ approval for disinvestment of Air India, 5 of its subsidiaries । Prime Minister Modi-headed CCEA gave its approval to fourth tranche recommendations of NITI Aayog on strategic disinvestment of CPSE June 28 । Possible sale of one more Boeing C-17 aircraft to India approved – Pentagon।brating 70 years of Diplomatic Relationship ।
August 20, 2017
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Involvement of Foreign Companies in Indian Nuclear Sector

Published: August 2017
 

Several foreign companies from various countries including Westinghouse Electric Company (WEC) and GE-Hitachi, United States of America (USA), Electricite de France (EDF), France and Rosatom, Russia have shown interest in participating in the country’s nuclear power projects in various capacities as technology partners, suppliers, contractors, service providers, etc.

As per the Foreign Direct Investment (FDI) Policy of the Government, FDI is not permitted in nuclear power sector. Thus, foreign companies cannot invest in nuclear power. Nuclear power projects to be set up with foreign technical cooperation are planned to be funded by a mix of equity and debt, with equity to be mobilised from internal resources of Nuclear Power Corporation of India Limited (NPCIL), Joint Venture companies between NPCIL and other Central Public Sector Undertakings and Government budgetary support. Foreign companies can however, invest in the supply chain for nuclear power projects.

The present tariffs of nuclear power range from Rs 1.07 per unit in case of the oldest nuclear power station, Tarapur Atomic Power Station (TAPS) – 1&2 at Tarapur, Maharashtra to Rs 4.10 in case of the latest station, Kudankulam Nuclear Power Plant (KKNPP) -1&2 at Kudankulam, Tamil Nadu. Nuclear power tariffs are comparable to those from other electricity generating plants (based on other technologies) located in the same area. Every twin unit nuclear power station would generate a direct employment of about 850 comprising engineers, supervisors, technicians and other personnel. In addition, indirect employment for thousands of people would be generated with suppliers, contractors, service providers, etc. The resultant increase in economic activity would also open up opportunities for various businesses and will result in further employment generation.

This information was provided by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in written reply to a question in Lok Sabha, August 2nd.

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