A techno-commercial offer is an important step in the negotiations process as it helps the two parties determine the cost of the project and tariff of the electricity generated from it.
"Both countries are working to start the Jaitapur nuclear energy project as soon as possible. We are glad that NPCIL and EDF have made progress based on the Industrial Way Forward Agreement. Today, we have adopted the Status of Progress for Implementation of Industrial Way Forward Agreement," Swaraj announced after holding talks with visiting French Foreign Minister Jean-Yves Le Drian on December 15.
The Indo-French deal was signed in September 2008. Negotiations first began with French company Areva, but last year, French utility company EDF took over its nuclear reactor business after the former faced financial issues.
There have been several factors that were hindering the power plant, which includes the "reference plant".
The JNPP, proposed to be the largest nuclear park in the country to be built in coastal Maharashtra, will have six reactors with a capacity of 1650 MW each.