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Highlights :
India has announced intentions to export power reactors to other nations and is developing an advanced design for that purpose.
From the time the world’s first commercial nuclear power plants were switched on in the late 1950s, installed generating capacity rose rapidly over two decades. It leveled off in the 1980s as new building programs were scrapped in the wake of the accident at Three Mile Island, among other factors.
Scientists and engineers at the Indira Gandhi Centre for Atomic Research (IGCAR) are hoping to save around Rs.5 billion (Rs.500 crore or $104 million) by modifying the design of four fast reactors on the anvil.. 
Areva and Mitsubishi, the French and Japanese corporate giants respectively have signed a nuclear agreement recently in Paris to set up a joint venture company in the nuclear fuel fabrication business.
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