[lbo-talk] India Signs Uranium Mining, Supply Agreement With Kazakhstan

Sujeet Bhatt sujeet.bhatt at gmail.com
Tue Jan 27 02:42:38 PST 2009


http://www.bloomberg.com/apps/news?pid=20601091&sid=aPbhn8PE5.VE&refer=india

Bloomberg.com

India Signs Uranium Mining, Supply Agreement With Kazakhstan

By Gaurav Singh

Jan. 24 (Bloomberg) -- Kazakhstan, the world's third- largest uranium producer, and India signed an agreement that will enable the South Asian nation to mine and purchase the fuel for its nuclear power plants.

Kazatomprom, Kazakhstan's state-run uranium miner, and Nuclear Power Corp. of India signed accords covering mining of natural uranium and supply of uranium products to nuclear power plants in India, Mumbai-based Nuclear Power, also owned by the state, said in a faxed statement today.

To contact the reporter on this story: Gaurav Singh in New Delhi at gsingh31 at bloomberg.net. Last Updated: January 24, 2009 05:18 EST

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