India Aims to Lure Foreign Nuclear Power Providers With Eased Liability Laws ...Middle East

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India Aims to Lure Foreign Nuclear Power Providers With Eased Liability Laws
source : OILPRICE ( Middle East ) () 57
India plans to remove an unlimited liability clause in its nuclear energy laws in a bid to attract foreign firms, especially U.S. companies, to its nuclear energy sector. The Indian Department of Atomic Energy has prepared a bill that would remove a clause in the Civil Nuclear Liability Damage Act of 2010 that exposes suppliers to unlimited liability if accidents occur, government sources told Reuters. India plans a major expansion to its nuclear energy capacity in the coming decades as a pillar of reliable zero-carbon electricity to meet surging…

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