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India’s govt resisting pressure from USA firms desperate to sell nuclear reactors

Well placed sources said the law could not now be amended in any way having been forged with the overwhelming backing of Parliament. “There is no likelihood of any changes…...

On US ‘advice’ to change nuclear liability law, govt says no,  The Times of India, Rajeev Deshpande, TNN, Sep 10, 2010, NEW DELHI: Though expected to be a sweetner in India- US ties, the nuclear liability law is likely to remain an irritant, with Indian government ruling out any possibility of amendments in keeping with concerns voiced by American suppliers and echoed by the Obama administration.

Having strained every sinew to ensure a wide enough consensus to push the civil liability for nuclear damage bill through Parliament, the government is in no mood to consider changes that take into account suppliers’ apprehension of being subject to a tough liability regime in Indian nuclear power plants……
Well placed sources said the law could not now be amended in any way having been forged with the overwhelming backing of Parliament. “There is no likelihood of any changes……
The majority of the objections have come from US companies which are wary of liability clauses that they feel can allow operators to pursue them for damages years after equipment or services have been provided.

September 10, 2010 - Posted by | India, politics international | , , , ,

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