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Thursday, February 10, 2011

India &world review

TAPI gas pipeline project poised for breakthrough
• The long-awaited Turkmenistan-Afghanistan-Pakistan- India (TAPI) gas pipeline project is
   heading for a breakthrough during a proposed four nation summit at Ashgabat in Turkmenistan.
• The 1,640 km Asian Development Bank-backed pipeline will draw gas from Turkmenistan's
   Daulatabad gas field. Once inside Afghanistan, it will run alongside the Herat-Kandahar
  Highway before heading towards Multan in Pakistan via Quetta. The pipeline will terminate in
 India at Fazilka in Punjab.
Sarkozy calls for permanent Security Council seat for India
• During his first stopover on his four-day visit to India, French President Nicolas Sarkozy called
   for a permanent seat for India in the U.N. Security Council.
• The UNSC must be expanded to include new permanent members — India, Brazil, Germany
     and Japan — and it must have representation from Africa and the Middle-East, he said, adding
      India should join the Security Council as a permanent member so that it could assume its full
     role in the G20.
• Nuclear energy would be the “focus” of Indo-French cooperation, he said, lauding the
       “considerable environmental benefit” and “energy independence” that it brought. As much as 80
              per cent of France's electricity came from the nuclear source.
• India's decision to expand its nuclear energy production from 4,000 to 62,000 megawatts in 20
   years represented a “change of attitude.” With the completion of the nuclear power project at
      Jaitapur, to be built in collaboration with the French company Areva, the six Indo-French EPR
     plants would provide 10,000 megawatts, said Mr. Sarkozy.
India, France to sign pact on two nuclear reactors
• The final negotiating obstacles having been crossed, India and France will sign a framework
   agreement for the construction of two 1,650-MWe French nuclear reactors at Jaitapur in
  Maharashtra.
• The agreement between the Nuclear Power Corporation of India Ltd. (NPCIL) and the French
   nuclear vendor, Areva, will be in the presence of Prime Minister Manmohan Singh and French
  President Nicolas Sarkozy.
Russia's concern over liability law may delay new Kudankulam

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