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Over $100 bn investment in nuke sector expected

Over $100 bn investment in nuke sector expected
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Commerce and Industry Minister Anand Sharma expressed hope that the country will see investments in excess of $100 billion in the nuclear power sector alone in the coming two decades. The minister expects that at least a quarter of these will come from France.

Sharma said this while addressing the fourth India-France CEOs Forum. The forum, comprising heads of leading busine­sses in France and India, was ini­tiated by French President Nicolas Sarkozy and Prime Mini­ster Manmohan Singh in 2008 following Sarkozy’s state visit to India, signifying the growing bilateral commercial ties. Sharma said France would play an important role in developing nuclear power facilities in India. In the energy sector, the country values its partnership with France, especially in the nuclear power sector where France is a global leader, Sharma said.

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