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Reactors have been separated between civilian and military. The nuclear reactors affected by the liability pact will be on the civilian side.India's Nuclear Ambitions Boosted by Joining Liability Pact
http://www.bloomberg.com/news/artic...r-ambitions-boosted-by-joining-liability-pact
India’s decision to join a global treaty on nuclear accident liability may help it woo reactor suppliers, including Westinghouse Electric Co. and General Electric Co., that have been reluctant to sell technology to the nation.
The country ratified the Convention on Supplementary Compensation for Nuclear Damage, also known as CSC, the International Atomic Energy Agency said on Thursday. India’s current law allows operators to hold suppliers responsible for accidents, making international equipment makers hesitant to sign deals as the nation seeks to expand nuclear power capacity more than 10-fold by 2032.
“This is important for foreign firms to be able to provide needed investments in India power plants,” Lake Barrett, a former official with the U.S. Nuclear Regulatory Commission, said by e-mail. “This is a very positive step for India and the global community as well. India’s electricity needs are huge.”
The country’s liability law, enacted in 2010, is a legacy of the 1984 Union Carbide chemical accident at Bhopal that killed more than 10,000 people. General Electric won’t risk building a nuclear plant in the country, Chairman Jeffrey Immelt said last year, citing the liability issue.
‘Conclusive Step’
Westinghouse Electric expects to reach a deal with India by the end of this year to provide at least six nuclear reactors, Chief Executive Officer Daniel Roderick said in December. France’s Areva SA signed an accord in 2009 to build six 1,650-megawatt reactors at Jaitapur, a coastal town in India’s western province of Maharashtra.
The CSC will take effect on May 4 and “marks a conclusive step in the addressing of issues related to civil nuclear liability in India,” the country’s foreign affairs ministry said in a statement shortly after IAEA’s announcement on Thursday.
General Electric, Areva and Westinghouse Electric, as well as its parent company Toshiba Corp., didn’t immediately respond to requests for comment outside normal business hours.
Countries have already struck deals with Indian on civilian side. This liability pact may specifically help India /USA/Japan deadlock to be broken?
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