New Delhi, Dec 15 (IANS) Work on the proposed Jaitapur nuclear power plant in Maharashtra will start as soon as possible, External Affairs Minister Sushma Swaraj said on Saturday.
"Both sides are working towards starting the Jaitapur Nuclear Power Project as soon as possible," Sushma Swaraj said after holding delegation-level talks with French Minister of Europe and Foreign Affairs Jean-Yves Le Drian here.
"We are happy that both sides have made considerable progress in pursuance of the Industrial Way Forward Agreement in 2018 between NPCIL (Nuclear Power Corporation of India Limited) and (French utility firm) EDF," she said in a joint presser.
"Today, we also adopted a Status of Progress for Implementation of Industrial Way Forward Agreement."
The proposed project would be the largest nuclear power generating station in the world by net generation capacity.
Le Drian said that both sides reviewed the European pressurised reactor (EPR) project in Jaitapur, and adopted an action plan to guide their work for the coming months so as to advance as efficiently as possible towards the final decision for building the power plant.
"Six EPRs account for a total capacity of almost 10 GW, which is significant contribution to India's aim of producing 40 per cent of its electricity from non-fossil fuels by 2030, in keeping with its commitments made ahead of the Paris Climate Conference (in 2015)," he said.
"The Jaitapur project will also contribute to Make in India as it involves transfers of production, technology, joint research and training."
New Delhi, Dec 15 (IANS) The Enforcement Directorate (ED) on Saturday said it has seized assets worth Rs 20.87 crore of Dabur India Director Pradip Burman and properties worth Rs 10.28 crore of Emmar MGF Managing Director Shravan Gupta, for holding assets abroad.
The Directorate said that seizure order was issued pursuant to investigation which revealed that Burman has deposited US$32,12,000 in his account with Zurich branch of the HongKong and Sanghai Banking Corporation (HSBC), in Switzerland.
The agency said in a statement, the money deposited was in contravention of the Foreign Exchange Management Act (FEMA), and the amount had not been remitted to India to date.
The ED said the seizure of assets of Gupta were made for holding US$15,40,650 in HSBC, Switzerland in contravention of the FEMA.
"Investigation conducted so far has revealed that Gupta had parked US$15,40,650 with HSBC, Switzerland and failed to produce any evidence of bringing the entire amount back to India to date," the agency said.