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The raid highlights continued efforts to crack down on illegal betting networks operating in the region.
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"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.
color:#0E101A">
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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