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1 December 2014

Government plans to revive nuclear energy programme

http://scroll.in/article/692372/Government-plans-to-revive-nuclear-energy-programme

Today's major developments. 

Photo Credit: Wikimedia Commons 

Centre looks to resolve concerns of equipment suppliers
The central government will look to revive India's nuclear energy programme by resolving the concerns among foreign and domestic equipment suppliers over the prospect of potentially ruinous payouts in the event of an accident, according to Hindustan Times. Despite signing a landmark deal with the United States in 2008, India's nuclear energy programme has remained at a standstill because equipment suppliers are not willing to risk liabilities. Under Indian law, besides the operator, suppliers are also liable if an accident occurs. Some of the steps that the government might take to address these concerns include, "setting up an insurance pool and fixing a limit on reactor components for the purpose of determining liability".

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