Areva has already initiated talks with Indian firms for production of nuclear power equipment in the country.

It is learnt that BHEL has shown interest in joining hands with the French firm Lauvergeon for possible supply of equipment to help develop nuclear power activity. Areva is also in talks with Reliance Energy and Tata Power, both of which have expressed their desire to enter nuclear power business.

Areva T&D, the Indian subsidiary of Areva France have recently been awarded a contract in Qatar, part of the equipment for which will be supplied from India.

Areva T&D India has eight existing factories manufacturing T&D equipment in the country. It is developing three plants at Baroda, Padappai (near Chennai) and Hosur with an investment of Rs.400 crore. The company has also bagged orders worth Rs.500 crore from four large Indian power companies including Power Grid Corporation, NTPC, Reliance Energy and Tata Power for supplying equipment required for transmission projects.

Also See:

Areva in talks with BHEL, L&T (13-Jun-07)