Mumbai: The second two-day Indo-French Nuclear Business Meet will begin in the city on October 14.

Nearly 500 Indian and French nuclear industry players and decision-makerswill get the opportunity to exchange ideas on nuclear cooperation with respect to various aspects including technical, business and economics.

Sandeep Dikshit

NEW DELHI: Prime Minister Manmohan Singh has forecast a sharp spike up in energy through the nuclear route by 2050 if a three-stage strategy proves to be successful.

ENGINEERING and construction company Larsen & Toubro (L&T) is eyeing big bucks from the nuclear power business with annual revenue projections of Rs 7,000-8,000 crore once India launches its ambitious nuclear power capacity addition programme.

China may have to put the brakes on the construction of nuclear power plants to ensure the plants are safe, the country's top energy planning official told reporters on Sunday.

Zhang Guobao, head of the National Energy Administration, warned of signs of "improper" and "too fast" development of nuclear power in some regions.

Venezuela has yet to develop a plan to explore or exploit its uranium deposits despite comments by a government official saying it was working with Iran to locate them, Venezuela's energy minister told Reuters.

On Friday, Mining Minister Rodolfo Sanz said Iran and Venezuela were working together to find uranium, and preliminary tests showed the South American country holds large deposits.

The federal government has decided to establish the National Safety Analysis Centre (NSAC) to provide technical support to the Pakistan Nuclear Regulatory Authority (PNRA) to ensure the safety of Chashma-3 and Chashma-4 nuclear power projects.

Energy conscientious Germans taking power production into their own hands may give a wake-up call to established utility firms, as innovators roll out new competition on the clean energy front to grab market share.

The European Union's executive will next month publish its strategy for promoting hi-tech solutions to climate change, aiming to give European businesses a head start as the world switches to low-carbon energy.

A draft document obtained by Reuters gives insight into the European Commission's priorities.

Germany's cabinet on Wednesday adopted a plan to speed along the construction of offshore wind parks in the North Sea, paving the way for a targeted 25,000 megawatts of capacity to come on line by 2030.

First it was Kazakhstan, then Namibia and now Mongolia. In its quest for obtaining fuel for its nuclear power plants, India has been reaching out to every possible country that has some uranium resources and is willing to sell it to New Delhi.