• France's Electricite de France SA (EDF) centers on tech localization with India

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    France's Electricite de France SA (EDF) centers on tech localization with India

    "EDF is actively engaged in materializing the Make in India and Skill India national initiatives as part of its localization plans. He added that major partnerships had been agreed upon with key Indian industrial companies", he added.


    Digital Desk: color:#0E101A"> French energy company Electricite de France SA (EDF),
    which is collaborating with Nuclear Power Corp. of India Ltd (NPCIL) on the
    Jaitapur Nuclear Power Plant (JNPP) in Maharashtra, is working toward
    localizing the technology, which chairman and CEO Jean-Bernard Levy informed in
    an interview.

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    color:#0E101A">Levy was in India May 23-24 to build on the visit of Prime
    Minister Narendra Modi to Paris and met senior executives and representatives
    of NPCIL to expedite the project. "EDF and NPCIL are working intensively
    on developing this project based upon the French EPR technology. Levy said that
    the Jaitapur project is a key pillar of Indo-French strategic cooperation".

     

    color:#0E101A"> "EDF is actively engaged in materializing the Make in
    India and Skill India national initiatives as part of its localization plans.
    He added that major partnerships had been agreed upon with key Indian
    industrial companies", he added.

    color:#0E101A"> 

    color:#0E101A">"EDF is getting ready to launch its nuclear engineering
    platform in Mumbai," the CEO said. "There is a significant potential
    for the Indian supply chain with already 200 Indian companies identified in all
    fields of engineering and procurement, and dozens of companies in the process
    of qualification for the project," Levy said. "I am proud that EDF
    can humbly contribute to supporting India's vision for a sustainable future and
    all the successes and positive steps taken over the years, allowing my visit",
    he added. 

    color:#0E101A"> 

    color:#0E101A">Jaitapur illustrates India's determination to decarbonize its
    economy and actively support the Paris agreement, Levy said. "As
    consistently recalled by President Macron and Prime Minister Modi, France and
    India are committed to strengthening their global cooperation, notably in civil
    nuclear (energy)," he stated.

    color:#0E101A"> 

    color:#0E101A">"EDF is fully in line with India's pledge to reduce the
    carbon intensity of its economy by less than 45% by the end of the decade and
    net-zero carbon emissions by 2070. JNPP will enable India to make a major step
    forward on decarbonisation with 80 million tons of CO2 emissions avoided per
    year," the CEO said.

    color:#0E101A"> 

    color:#0E101A">EDF will be the supplier of technology, while NPCIL will be
    responsible for constructing the EPR.

     

    color:#0E101A">When asked about the plant's power tariffs, Levy said, "You
    will understand that pricing-related matters are commercially sensitive in the
    discussions we are currently in. I can confirm that the project will bring
    significant socio-economic benefits to the Indian economy in the long run, that
    is to say, during the approximately 15 years of construction of the six units
    and in the subsequent 60 years of operation at the least."

    color:#0E101A"> 

    color:#0E101A">The Jaitapur plant has the potential to boost economic
    development, notably thanks to the involvement of the state-of-the-art and
    skilled Indian nuclear industry, Levy said.

    color:#0E101A"> 

    color:#0E101A">"It is in our DNA to deliver our projects relying on
    long-term cooperation and on the industrial capabilities of the countries where
    our projects are located," the CEO said.

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