Sovereign guarantee from India needed for financial assistance to Jaitapur project: EDF. French major EDF, which has got the contract for building reactors for the Jaitapur nuclear power plant, has said India will have to provide a sovereign guarantee to two other state-run firms of France for providing financial assistance for the project. The EDF, which will construct the country’s largest nuclear power park comprising six atomic power reactors of 1,650-MW each in coastal Maharashtra, had submitted a techno-commercial offer to the Nuclear Power Corporation of India (NPCIL) in December last year.
Business Standard 21st April 2019 read more »
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