Thursday, July 5, 2007

India Invests $595 Million in Fusion Project

India will join the United States, the European Union, China, Russia, Japan and South Korea in the $ 12.8 billion (euro10 billion) project to build the experimental reactor in southern France with hopes it could revolutionise global energy use for future generations.

From The Hindu

and from the Times of India:

It was after US delivered on its promise to get India into the frontier global nuclear energy project, that International Thermonuclear Energy Reactor accepted India into its fold in December 2005 as full partner, making it the seventh member in the elite group. The other members are China, European Union (EU), Japan, South Korea, Russia and US.

This follows news late last month of Russia joining the project. This is a big deal.