12 February 2015, 15:52 GMT
MOSCOW (Sputnik) – TVEL has signed a long-term deal with India’s Department of Atomic Energy to deliver 2,000 metric tons of uranium pellets to India’s nuclear power plants with PHWRs in February 2009.
"The contract ends this year, and TVEL has started substantive negotiations with Indian partners to sign a new long-term contract or extend the current one," the Russian firm said in a statement.
Last year, the Mashinostroitelny Zavod joint stock company, part of TVEL’s structure, has completed its annual production plan and delivered 303 metric tons of uranium pellets to the Nuclear Fuel Complex in Hyderabad.
India is one of 15 countries which receive nuclear fuel from TVEL.
The company says 78 nuclear reactors, an estimated 17 percent of the world’s total, run on TVEL-made fuel.
