Canada, India Nuclear Sales Deal Closer

By Narsi Santhanam • Jan 23rd, 2009 • Category: Uncategorized

Atomic Energy of Canada Ltd. signed a memorandum of understanding Thursday on next-generation reactors for India as the Canadian government closes in on a cooperation deal with the long-time nuclear renegade nation.

Canada’s international trade minister Stockwell Day said India is interested in buying Canadian components, uranium and hazardous waste treatment systems to help build 25 or 30 new reactors. Day made the announcement from Mumbai, where he was wrapping up a four-day trade mission with some of the top CEOs of Canada’s nuclear industry.

It’s a pivotal moment for Canada, which stopped nuclear co-operation with India in 1974 after the government used plutonium from a Canadian reactor to build an atomic bomb.

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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