Headline • Bollywood celebs urges their fans to donate for Kerala flood• Kerala flood: Death toll rises to 324, fresh red alert in 13 districts of Kerala• Former PM Vajpayee cremated with full state of honours in Smriti Sthal• People pays tribute during Varanasi's ganga arti to Former PM Atal Bihari Vajpayee• Bollywood celebs took twitter to express their pain on Former PM's demise • Mortal remains of Former PM Vajpayee being taken to Smriti Sthal • As a mark of respect, several states declares public holiday on Atalji's demise• Neighbouring country Pakistan pays tribute to Former PM Atal Bihari Vajpayee• Huge crowd gathers at BJP HQ, pays tribute to the mortal of former PM Vajpayee• PM Modi, Rahul Gandhi and others visited Vajpayee's residence, pays tribute• The Former PM and BJP stalwart Atal Bihari Vajpayee dies at 93• Truck crushes bike rider to death in Uttar Pradesh• Gujarat's Sterling Biotech owner held in Dubai for 5000 cr fraud case• Gold and Satyameva Jayate records their highest day 1 collecttion, at the box office• Former Indian test captain Ajit Wadekar passes away at 77• School van carrying 25 childrens over-turns in farm, in Hamirpur• In Kaabul suicide bombing, 47 died and 67 injured• Vajpayee's condition worsens, leaders continue to visit ailing Former PM AT AIIMS • Kerala flood: death toll rises to 72,Kochi airport shut for four days• Kerala on red alert: CM Vijayan asks Rajnath for additional teams of Army, NDRF• Former PM Atal Bihari Vajpayee's condition critical, put on life support system• United States praises India for becoming a leading Global power• First poster of Kangana's "Manikarnika" is out on Independence day• In UP students of Islamic institute hosts flag on Independence day• CM Rawat hosts National flag on 72nd independence day in Uttrakhand

Canada to Supply Uranium to India for 5 Years under a $254 million five-year deal

Ottawa: Canada on Wednesday agreed to supply 3,000 metric tonnes of uranium to energy-hungry India from this year under a $254 million five-year deal to power Indian atomic reactors, four decades after bilateral cooperation in this sector was frozen over India's nuclear programme.

The agreement for uranium supply, which came two years after protracted negotiations following the 2013 civil nuclear deal between India and Canada, was signed after comprehensive talks Prime Minister Narendra Modi had with his Canadian counterpart Stephen Harper.

Cameco Corporation will supply 3,000 metric tonnes of uranium over five years to India at an estimated cost of $254 million and the supply will start from this year, a top official said.

Canada is the third country to supply uranium to India after Russia and Kazakhstan. The supplies will be under the International Atomic Energy Agency (IAEA) safeguards.

Canada banned exports of uranium and nuclear hardware to India in the 1970s after it was alleged that New Delhi used Canadian technology to develop a nuclear bomb.

The two countries put this behind them with the Canada- India Nuclear Cooperation Agreement that took effect in 2013.

At a joint press conference with PM Harper, Prime Minister Modi said, "The agreement on procurement of uranium from Canada for our civilian nuclear power plants launches a new era of bilateral cooperation and a new level of mutual trust and confidence."

"The supply of uranium is important as India is keen to have clean energy. The world is worried about global warming and climate change. We want to give something to humanity through clean energy. It is costly but we are doing this for humanity. For us, uranium is not just a mineral but an article of faith and an effort to save the world from climate change," he said in response to a question.

PM Harper said, "There have been unnecessary frosty relations for too long (between the two countries) and it is time to move ahead."

Mr Modi, the first Indian Prime Minister to visit Canada in 42 years, said, "The deal will enable India to power its growth using clean energy."

Canada is the second-largest producer of uranium globally, with exports valued at over $1 billion per year.

PM Modi said the resource-rich country has the potential to be a key partner in India's national development priority.

"This is a growing relationship. Trade potential between our countries is enormous. Prime Minister Harper and I are committed to establish a new framework for economic partnership," the Prime Minister said, adding, "Ours is a natural partnership of shared values."

Related News

Newsflash

 

live-tv-uttrakhand

live-tv-rajasthan

Leader

  • Umesh Kumar

    CEO & Editor in chief, Samachar Plus

    Umesh Kumar', the name behind the succe...

  • Praveen Sahani

    Executive Editor

    Praveen Sahani is an eminent and well-k...

Top Story

AAP KA SHAHAR AAP KI KHABAR

Video

Our Anchor

Show

:
:
: