India and Canada are close to sign nuclear cooperation agreement. The agreement envisages production of nuclear components locally and exports them to third world countries. Engineering major Larsen and Toubro has already signed an MoU with Atomic Energy of Canada to manufacture the 1,000-mw advanced reactors at its facility in Hazira (Gujarat).
The visiting Canadian minister for international trade and for the Asia-Pacific Gateway, Stockwell B Day said on Thursday he does not see any problem in an uninterrupted supply of fuel to India. He indicated that the proposed nuclear cooperation agreement will become operational even as the formalities relating to the additional protocol of the India-US civil nuclear deal are yet to be completed. ?We can go ahead like France,? he noted.
Day informed that India?s engineering major Larsen and Toubro and the Canadian major Atomic Energy of Canada have signed MoU to manufacture the 1,000 mw advanced reactors at its facility in Hazira (Gujarat). These reactors will have a generation capacity of 1,200 mw. The Advanced Candu Reactor1000 have been designed by the Atomic Energy of Canada. These reactors would cater to L&T?s domestic as well as international markets.
L&T has entered into an agreement with AECL for cooperation on Advanced Candu Reactor ACR1000 and to develop a competitive cost model for the same. AECL vice president Ala Alizadeh told FE that the ACR1000 is AECL?s generation III+ reactor that utilises the proven concepts of pressurised heavy water reactor. Pressurised Heavy Water Reactor (PHWR) technology is one of the most highly competitive nuclear technologies in the world with regard to capital cost, safety and efficiency. L&T and AECL are optimistic of good demand for the ACR1000.
Alizadeh informed that Atomic Energy of Canada is a full-service nuclear technology company providing services to nuclear utilities around the world.