India is reportedly pursuing a partnership with Canada to sell next-generation CANDU nuclear power stations in new markets. This follows last year's broad nuclear co-operation agreement signed by both countries.
Indian officials and leading businessmen have recently visited Canada in search of partnerships, says the Canadian Nucear Association.
Montreal-based international engineers SNC-Lavalin Group Inc. emerged late last month as the buyer of Atomic Energy of Canada Ltd.'s commercial reactor business.Approval will take some time.
Canada has built 34 CANDU reactors, installed worldwide and mostly in operation, and they provide half Ontario's electricity. Last year, India promised not to allow a repeat of CANDU technology leaks for a nuclear weapons progran.
