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September 30, 2013

India & US clinched a first commercial agreement on civil nuclear power co-operation...

 

India-US Nuclear Power Co-operation

India and United States have clinched a first commercial agreement on the civilian nuclear power co-operation after the landmark civil nuclear deal five years before.


Later in a joint statement, the two leaders noted that with government-to-government procedures agreed, commercial negotiations between India's nuclear operator Nuclear Power Corporation of India (NPCIL) and US firm Westinghouse are proceeding.

A fact sheet issued by the White House said this agreement should facilitate progress toward licensing the AP-1000 nuclear reactor technology in India.

Noting that the Indian government is planning to develop commercial nuclear power sites in Gujarat and Andhra Pradesh using US nuclear technology, it said both governments also decided to complete discussions on the Administrative Arrangements at an early date.

The two leaders urged NPCIL and US companies Westinghouse and General Electric-Hitachi to expedite the necessary work to establish nuclear power plants in Gujarat and Andhra Pradesh.

The US Nuclear Regulatory Commission (NRC) and the Indian Atomic Energy Regulatory Board (AERB) intend to sign a memorandum of understanding for the exchange of technical information in nuclear safety matters, the fact sheet said.

This arrangement should solidify close cooperation between the regulators, it noted.

 


More literature on this...

http://articles.economictimes.indiatimes.com/2013-09-28/news/42481705_1_npcil-nuclear-power-corporation-nuclear-liability-law


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