This is the first agreement of its kind to be concluded between a country. The UAE The Republic of India in the nuclear sector, and represents an important step to enhance the strategic partnership between the two countries and their efforts to reduce the carbon footprint of the energy sector.
The agreement was signed in the Indian capital, New Delhi, by Mohammed Al Hammadi, Managing Director and CEO ofEmirates Nuclear Energy Corporationand Bhawan Chandra Pathak, Chairman and Managing Director, Nuclear Power Corporation of India.
Mohammed Al Hammadi said: “The agreement is a major step towards contributing to tripling the global nuclear energy production capacity by 2050, and strengthens the close bilateral relations between the UAE andIndia“It will enable us to exchange valuable expertise with our partners in India and reinforce our commitment to developing the energy sector’s capabilities through our nuclear power plants capable of producing reliable, emissions-free electricity 24/7.”
“Today, the Barakah Nuclear Energy Plant provides 25 percent of the UAE’s electricity needs through its nuclear reactors, which entered commercial operation within eight years from the start of pouring the first concrete until fuel was supplied. Over the past years, the Corporation has gained significant institutional knowledge and experience in developing partnerships and investments in new nuclear projects, and we are now ready to continue the journey and cooperate with countries such as India, which are committed to the responsible development of peaceful nuclear energy programs,” Al Hammadi added.
The Emirates Nuclear Energy Corporation has concluded more than 100 agreements with 16 countries, focusing on the exchange of knowledge and expertise and cooperation with countries operating nuclear power plants to generate electricity, in addition to countries looking to launch their peaceful nuclear energy programs in the future.