NATIONAL

Jaitapur, Rafale deal feature in Modi’s Paris talks

French president Francois Hollande meets Prime Minister Narendra Modi ) at the Elysee Palace in Paris on Friday.— PHOTO: AFP

French president Francois Hollande meets Prime Minister Narendra Modi ) at the Elysee Palace in Paris on Friday.— PHOTO: AFP  

Mr Modi, on a four-day visit to France on the first leg of his three-nation tour, took the opportunity to woo French investors to undertake projects in India as he held meetings with them, accompanied by French Foreign Minister Laurent Fabius.

India said it expects “movement” on a proposal for setting up French nuclear reactors in Jaitapur as well as on the Rafale fighter deal, both of which are pending.

Talking about this issue, MEA spokesperson Syed Akbaruddin said there were suggestions that some of the elements of the nuclear plant could be made in India to “bridge the cost” and resolve the matter over price of power generated.

The Jaitapur project, where French company Areva is to set up six nuclear reactors with total power generation capacity of about 10,000 MW, is stuck because of differences over the cost of electricity to be generated.

Similarly, the deal to supply 126 Rafale fighter planes is also deadlocked because of differences over price.

After wrapping up the first leg of his tour, Mr Modi will head to Germany, where business and technology will be the focus of his engagements aimed at attracting further participation in the ‘Make in India’ campaign.

In the third and last leg of his tour, Mr Modi will travel to Canada, marking the first standalone visit by an Indian Prime Minister in over 42 years. — PTI

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