By Euan Conley 
 

Electricite de France (EDF.FR) said that it has signed an agreement with India's state-backed Nuclear Power Corporation of India Limited, or NPCIL, to help construct and supply technology for six nuclear reactors.

The French state-controlled power utility said Saturday that under the agreement it will supply technology for the reactors in Jaitapur, and undertake engineering studies and component procurement for the first two reactors.

EDF and its industrial partners will also assist NPCIL during the reactors' construction, the company said.

"The industrial agreement just signed with NPCIL marks a decisive step in the development of the Jaitapur nuclear project, meaning we can now envisage with confidence the rest of this essential project for India and for EDF," said Jean-Bernard Levy, EDF's chairman and chief executive.

Write to Euan Conley at euan.conley@dowjones.com

(END) Dow Jones Newswires

March 12, 2018 03:59 ET (07:59 GMT)