Uranium shortage hits Nuclear Power (India)

[jpak]

http://www.thehindubusinessline.com/2008/05/21/stories/2008052152480100.htm

Mumbai, May 20 Shortage of uranium and a shut-down at four plants dragged down revenues and profit of Nuclear Power Corporation of India Ltd for the fiscal ended March 2008.

The corporation’s net profit for the year dipped by 31 per cent to Rs 1,078 crore, from Rs 1,570 crore the previous year.

Income from operations declined by 7 per cent, to Rs 3,333 crore from Rs 3,592 crore.

Mr S Thakur, Executive Director (Corporate Planning), said that due to insufficient uranium supply, power production for the year fell to about 16,960 MU (million units) in 2007-08 from 18,000 MU the previous year.

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[Jane Austin]

1. They must not have

sent us our mangoes.

[losthills]

2. I don't understand why this is a problem.....

Just the other day a member of this forum told us that uranium was "as common as tin" and that there were billions of tons of it in seawater just waiting to be reclaimed.

Was that person lying to us? Or maybe the Indians just aren't aware of this information and they would pay him big bucks to help them out....

[madokie]

3. but you don't actually believe any of that trash do you

Some who are trying to sell something will say anything they think might better their chances.

[losthills]

4. No, I don't believe a word of it.

I'm just a sarcastic SOB....

[madokie]

5. me too

just throwing fuel on the fire was I :-)

[jpak]

6. Locking

:rofl: