nuclear-news

Russia-India nuclear deal no big deal, really

Russia India Nuclear Deal Not As Exciting As Previously Thought By Ag Metal Miner |By Sohrab Darabshaw Sun, 21 December 2014 The initial euphoria over Russia agreeing to build at least 12 nuclear reactors in India by 2035 has died down as sector experts get around to analyzing the Russian move vis-à-vis India’s ongoing nuclear power program.

The agreement, one of 20, was inked during Russian President Vladimir Putin’s summit meeting in New Delhi last week. Both Indian Prime Minister Narendra Modi and Putin pledged to take ties between the 2 nations to a “new degree of closeness,” with cooperation in nuclear energy acting as the linchpin. A report by Indian news agency Press Trust of India said both nations would strive to complete the construction and commissioning of not less than 12 nuclear units in the next 2 decades, according to a strategic vision document.

That makes it great propaganda material for official press releases and for the official summit photographs, but going behind the scenes, as many Indian analysts and media following the nuclear program and India’s power sector have done, it emerges that the agreement is merely old wine in a new bottle……….http://oilprice.com/Latest-Energy-News/World-News/Russia-India-Nuclear-Deal-Not-As-Exciting-As-Previously-Thought.html

December 22, 2014 - Posted by Christina Macpherson | general