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Canada joins the scramble of marketing nukes to India

marketing-itemCanada wants relaxation in India’s nuclear liabilities rules THE flag-canadaHINDU, 1 Dec 13 Unless the provisions regarding a plant operators’ liabilities in case of nuclear damages are relaxed, foreign marketig-nukescompanies will not come in a big way, a senior Canadian government official has said.

“The way the liability has been framed in the Civil Nuclear Liability Act deviates from the global standards and it is our view if it is not modified, it is hard to see any foreign supplier coming in a big way to India,” Canadian consulate general Richard Bale told PTI on the sidelines of the nuclear summit here over the weekend.

As per the Act, an operator of a nuclear plant (so far only NPCIL) will be liable for damages worth up to Rs. 1,500 crore. However, there is a provision for the right of recourse for the operator. If written into the contract, the operator can claim the liabilities from the manufacturer and supplier. Most of the suppliers, domestic as well as international, are concerned over whether they will have to bear over Rs. 1,500 crore towards in the event of nuclear disaster.

“It is the government’s prerogative to determine what the public policy should be. But on the one hand the government is saying it wants to expand the nuclear power programme, on the other they have put in place a framework that makes it difficult to achieve that goal,” Mr. Bale said…… http://www.thehindu.com/news/national/canada-wants-relaxation-in-indias-nuclear-liabilities-rules/article5410644.ece

December 2, 2013 - Posted by | Canada, India, marketing of nuclear

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