ID :
52327
Thu, 03/26/2009 - 04:46
Auther :
Shortlink :
http://m.oananews.org//node/52327
The shortlink copeid
France to compete hard with US on nuke biz in India:French PM
Washington, Mar 25 (PTI) France and the US will fight it
out to have a slice of India's 150 billion dollar nuclear pie,
French Prime Minister Francois Fillone said, adding this
competition will go on "to the end."
"Yes, we are competing with the United States in terms of
our nuclear agreement with India," Fillone said in response to
a question at the Carnegie Endowment for International Peace,
a Washington-based think tank on competition between the two
countries over bagging commercial deals for the civilian
nuclear plants in India.
"Let me tell you that this competition will go on to the
end. That is to say, until one of us has won -- or both of us
maybe. There could be two winners. But we are often competing
with the United States," he said.
Fillone said this means that both the countries have
performing companies which are in competition with firms from
other major powers.
"Of course, we are going to keep on fighting and
competing loyally with the United States in order to supply
India with nuclear power plants for the future -- and
high-speed trains," Fillone said.
"You forgot high-speed trains," the French Prime Minister
said in lighter vein. France is known for its high speed train
and is eyeing India as its Railways plans to enter the next
phase of introducing high-speed trains in the country.
Following the successful conclusion of the Indo-US
civilian nuclear deal and signing of India-specific safeguard
agreements with India, New Delhi is now planning to thousands
of megawatts of nuclear power in the next decade. It has
already conveyed a letter of intent up to 10,000 MW of nuclear
power reactors in India. This is expected to translate into a
business of USD 150 billion worth of projects for US
companies.
"In terms of nuclear power, everybody knows that we are
very performing. France chose a long, long time ago to use
nuclear power. We have never changed. This choice of nuclear
power allowed us to constantly improve on the efficiency of
our nuclear systems both in terms of security and in terms
of financial and energetic yield. We do not regret having made
this choice today," Fillone said. PTI LKJ
DEP
NNNN
out to have a slice of India's 150 billion dollar nuclear pie,
French Prime Minister Francois Fillone said, adding this
competition will go on "to the end."
"Yes, we are competing with the United States in terms of
our nuclear agreement with India," Fillone said in response to
a question at the Carnegie Endowment for International Peace,
a Washington-based think tank on competition between the two
countries over bagging commercial deals for the civilian
nuclear plants in India.
"Let me tell you that this competition will go on to the
end. That is to say, until one of us has won -- or both of us
maybe. There could be two winners. But we are often competing
with the United States," he said.
Fillone said this means that both the countries have
performing companies which are in competition with firms from
other major powers.
"Of course, we are going to keep on fighting and
competing loyally with the United States in order to supply
India with nuclear power plants for the future -- and
high-speed trains," Fillone said.
"You forgot high-speed trains," the French Prime Minister
said in lighter vein. France is known for its high speed train
and is eyeing India as its Railways plans to enter the next
phase of introducing high-speed trains in the country.
Following the successful conclusion of the Indo-US
civilian nuclear deal and signing of India-specific safeguard
agreements with India, New Delhi is now planning to thousands
of megawatts of nuclear power in the next decade. It has
already conveyed a letter of intent up to 10,000 MW of nuclear
power reactors in India. This is expected to translate into a
business of USD 150 billion worth of projects for US
companies.
"In terms of nuclear power, everybody knows that we are
very performing. France chose a long, long time ago to use
nuclear power. We have never changed. This choice of nuclear
power allowed us to constantly improve on the efficiency of
our nuclear systems both in terms of security and in terms
of financial and energetic yield. We do not regret having made
this choice today," Fillone said. PTI LKJ
DEP
NNNN
