The Indian Government has announced that it plans to purchase six European Pressurized Reactors (EPRs) for Jaitapur from the French company, Areva. No EPR is in commercial operation anywhere else in the world. Estimates of costs from plants under construction in Finland and France suggest that...

Nuclear power is confronted with a number of challenges in the near term. One major constraint is the economics of nuclear power, driven by both the high capital costs and financial uncertainties. The second is concern about catastrophic accidents; despite the development of newer reactor...