Showing posts with label Uranium. Show all posts
Showing posts with label Uranium. Show all posts

Sunday, 6 December 2015

Canada sends 1st consignment of Uranium to India

Canada has successfully sent the 1st consignment of 250 tonnes of uranium to India as part of bilateral civil nuclear co-operation between India And Canada. It was shipped by Canada’s Cameco Inc, as part of contract with Department of Atomic Energy (DAE) that was signed during Prime Minister Narendra Modi’s offical visit to Canada in April 2015.


With this the 41 year long hiatus in the bilateral nuclear co-operation between both countries finally came to an end. Canada had completely banned exports of uranium & nuclear hardware to India after it had conducted 1st nuclear test on 18th May 1974. It was alleged that India had used Canadian technology to develop a nuclear bomb for this test. It should be noted that Canada is the 2nd largest producer of Uranium globally and is the 3rd country to supply uranium to India after Russia & Kazakhstan.
Background:

The India and Canada civil nuclear contract was signed in line with the Canada India Nuclear Co-operation Agreement that took effect in 2013. The agreement was signed after the Nuclear Supplier Group had granted its waiver for use of atomic power for civilian purposes in 2008 ending India’s Three decade long isolation from international nuclear trade. As per the supply agreement, Canada’s Cameco Corporation is going to supply 3,000 metric tonnes of uranium to India for next 5 years starting from year 2015. These supplies will be under the International Atomic Energy Agency safeguards.


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Canada sends 1st consignment of Uranium to India

Sunday, 15 November 2015

India, Australia seal N-deal procedures For Supply Of Uranium

India, Australia have sealed Nuclear-deal procedures for supply of uranium from later to energy starved India.  Nuclear-deal procedures were formally completed between both countries following a bilateral meeting between the India’s Prime Minister Narendra Modi and his counterpart Malcolm Turnbull in Antalya, Turkey on the sidelines of the G-20 Summit. Following the conclusion of the agreement, India has become the 1st country to buy Uranium from Australia without being a signatory to the Nuclear Non-proliferation Treaty.
Background:


India and Australia had started talks on the Civil Nuclear Co-operation Agreement in 2012 after Australia had lifted  long standing ban on selling uranium to energy starved India. The co-operation agreement was signed between both countries in September 2014 to sell uranium as a nuclear fuel for peaceful power generation. It should be noted that Australia has about a 40% of world’s recoverable uranium resource and annually exports around 7,000 tonnes of it. In India, nuclear energy contributes just 3 percent of its electricity generation and it has currently signed nuclear energy agreements with 11 countries.

Presently, India imports uranium from France, Russia & Kazakhstan to supply fuel to its 2 dozen small reactors at 6 sites with a total capacity of 4,780 MW which accounts for 2 percent of its total power capacity.


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India, Australia seal N-deal procedures For Supply Of Uranium