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05-03-2026 (Important News Clippings)

AFEIAS
March 5, 2026 at 08:00 AM

The Indian government has signed a $1.9 billion agreement with Canadian company Cameco for the supply of over 11,000 tonnes of uranium from 2027 to 2035. This long-term contract is aimed at ensuring fuel security and continuity for India's nuclear power plants. The deal is also expected to boost bilateral trade between India and Canada, which currently stands at approximately $13 billion. This represents a significant strategic procurement for India's nuclear energy sector.