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4 news articles found
India and France have agreed to strengthen their defence and security partnership following Indian Prime Minister Narendra Modi's visit to France at the invitation of French President Emmanuel Macron. Following extensive discussions, a joint communique noted the strengthening of the strategic partnership between the two countries. Among other things, it “recognised that the promotion of clean and low-carbon energy, the preservation of biodiversity, the protection of the oceans and the fight against pollution were essential aspects of cooperation”.
- Source: NEI Magazine
- Date: Thursday, 20 July 2023
- Original article: neimagazine.com/news/newsindia-and-france-strengthen-defence-and-security-partnership-including-nuclear-11018226
The UK government on 15 September approved Electricite de France’s (EDF’s) GBP18bn ($24bn) project to build two Areva-designed European Pressurised Water Reactors (EPRs) at the Hinkley Point C site. However, the government has set new conditions on EDF and its Chinese partner, China General Nuclear Power Corporation (CGN), which is set to invest in Hinkley through its new company, General Nuclear International. The UK confirmed previously that EDF would initially have a 66.5% stake in the project, with CGN taking 33.5%.
- Source: NEI Magazine
- Date: Tuesday, 20 September 2016
- Original article: neimagazine.com/news/newshinkley-approved-china-welcomes-decision-5010145
The UK's vote to leave the European Union (EU) will not affect Electricite de France's strategy, which includes the planned construction of the GBP18bn ($25bn) Hinkley Point NPP. "We think that this vote has no impact on our strategy," EDF CEO Jean-Bernard Levy told reporters in Paris. "The strategy for our British subsidiary is unchanged."
- Source: NEI Magazine
- Date: Monday, 27 June 2016
- Original article: neimagazine.com/news/newsthe-uncertainties-of-brexit-4933924
French nuclear operator Electricite de France (EDF) has agreed to buy a majority stake in nuclear group Areva's reactor business subsidiary, Areva NP. EDF said it had signed a memorandum of understanding (MOU) with Areva specifying that it will take "majority control" of Areva NP of "at least 51%" with a maximum stake of 25% held by Areva and the potential participation of minority partners.
- Source: NEI Magazine
- Date: Friday, 31 July 2015
- Original article: neimagazine.com/news/newsedf-to-buy-majority-of-areva-np-4635803