The agreement facilitates for nuclear fuel supply, trade in products and nuclear technology services, besides seeking to trade the use of uranium and its re-processing.
Pupatello said better details were being carried out, and the agreement would be signed any day.
According to Pupatello, India has offered a huge potential in view of its expansion programme for nuclear power.
“I do not know the finer details of the agreement, but we are very optimistic about this opening a window of opportunities for companies in Ontario. Ontario firms have expertise in nuclear power. CANDU reactors — developed by the Atomic Energy of Canada Limited — have operated safely for 46 years. Of the 18 active reactors in Canada, 16 are located in Ontaria, which has an established nuclear industry and supply chain offering expertise that will be valuable, as India expands its nuclear capacity,” Pupatello said.
