Organization of CANDU Industries applauds the Government of Canada's conclusion of negotiations for the Canada-India Nuclear Cooperation Agreement

OCI member companies stand ready to deliver high quality, innovative nuclear products and services to India's expanding nuclear energy program

PICKERING, ON, Nov. 6, 2012 /CNW/ - The Organization of CANDU Industries (OCI) applauds the Government of Canada on today's announcement of the successful conclusion of negotiations for the Administrative Arrangement for the Canada-India Nuclear Cooperation Agreement. This important initiative will create new export opportunities for Canada's nuclear industry and create jobs and economic benefits for Canada.

The Canada-India Nuclear Cooperation Agreement will strengthen Canada's role in helping India meet its electricity production plans through the peaceful use of nuclear power and create new opportunities for Canadian companies to supply nuclear products and services.

"OCI member companies employ more than 12,000 people with a wide range of technical skills and specialties who are ready to deliver high quality, innovative nuclear products and services to India's expanding nuclear market," said OCI President Dr. Ron Oberth. "Many of these companies are small and medium sized businesses, and this important agreement will pave the way for the creation of new high quality sustainable nuclear-related jobs that are so important to the Canadian nuclear industry and to Canada's economy."

About the Organization of CANDU Industries

The Organization of CANDU Industries (OCI) is an association of 180 leading Canadian suppliers to the nuclear industry in Canada and internationally.  OCI members companies collectively employ more than 12,000 highly skilled and specialized people who manufacture major equipment and components and provide engineering services and support for the 20 CANDU nuclear power plants in Canada as well as for CANDU and other nuclear plants in offshore markets.

SOURCE: Organization of CANDU Industries

Ron Oberth
905 839-0073
[email protected]