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Rosatom Offers India Share In Major Uranium Deposit

November 19, 2010

Russian state nuclear energy corporation Rosatom has offered the Uranium Corporation of India (UCIL) a 49-percent stake in one of Russia's largest uranium deposits.

Rosatom chief Sergei Kiriyenko, who is currently in New Delhi, announced the offer and said he expected UCIL to buy at least a 25 percent stake in the Elkonsky uranium deposit in Yakutia.

Kiriyenko also said the first block of India's Kudankulam nuclear power plant, being built with Rosatom's help, will be put into operation soon.

compiled from local agency reports

Source: http://www.rferl.org/content/Rosatom_Offers_India_Share_In_Major_Uranium_Deposit/2225088.html

Copyright (c) 2010. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.