French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...

-IANS Around 1,500 villagers on Saturday laid siege to the Kudankulam nuclear power Plant (KNPP) in Tirunelveli district of Tamil Nadu to demand immediate cessation of all work at the site, said an activist. " This morning, around 10 people from West Bengal came to Kudankulam and asked for directions to the plant site. When villagers enquired about their mission, they said they were labourers hired by a contractor to carry out...

Our democracy is creaking, but it works—nominally at least. What it needs is not dilution, but deepening. When “Too Much Democracy” Works     Pressure in Parliament pushes PM Manmohan Singh to secure the resignation of telecom minister A. Raja in the 2G affair     The angst and trials of tribals in the Maoist bastion of Dantewada is sensed in Delhi after the media highlights their plight     People power at the sites of...

-The Hindu   All measures have been taken to maintain the safe mode of critical systems with skeletal staff at the Kudankulam nuclear power Plant in spite of work coming to a halt at the project site following protests, S.S. Bajaj, Chairman, Atomic Energy Regulatory Board (AERB), said on Thursday. Interacting with the media on the sidelines of the 43rd annual conference of the Society of Nuclear Medicine (India), Dr. Bajaj said that...

Just ahead of Prime Minister Manmohan Singh's visit to Moscow, Russia lashed out at protests against the Kudankulam nuclear power project saying that the disruptions may have been stage managed by its rivals. Russia's ambassador to India Alexander M Kadakin said Russian authorities had "great suspicion" about the events at Kudankulum, where the final stage before commissioning of two power plants built with Russian cooperation has been on hold due to...