ID :
52256
Wed, 03/25/2009 - 19:17
Auther :
Shortlink :
https://www.oananews.org//node/52256
The shortlink copeid
France competing with US on nuke biz in India
Lalit K Jha
Washington, Mar 25 (PTI) French Prime Minister Francois
Fillone has conceded that his country is in competition with
the US with regard to bagging commercial deals for the
civilian nuclear plants in India.
"Yes, we are competing with the United States in terms of
our nuclear agreement with India," Fillone said on Monday in
response to a question at the Carnegie Endowment for
International Peace, a Washington-based think tank.
"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 after his address to the
Carnegie on global economic crisis.
Fillone said this means that both the countries have
performing companies. Companies from both the US and France
and other major powers are vying for a slice in the pie of
what is estimated to be multi-billion dollar market in India.
"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.
"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 at India as the Indian 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. PTI
Washington, Mar 25 (PTI) French Prime Minister Francois
Fillone has conceded that his country is in competition with
the US with regard to bagging commercial deals for the
civilian nuclear plants in India.
"Yes, we are competing with the United States in terms of
our nuclear agreement with India," Fillone said on Monday in
response to a question at the Carnegie Endowment for
International Peace, a Washington-based think tank.
"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 after his address to the
Carnegie on global economic crisis.
Fillone said this means that both the countries have
performing companies. Companies from both the US and France
and other major powers are vying for a slice in the pie of
what is estimated to be multi-billion dollar market in India.
"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.
"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 at India as the Indian 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. PTI
