The Indian government must move to allow private investment in nuclear generation as a matter of urgency, according to the country's Associated Chambers of Commerce and Industry (Assocham). Meanwhile, Russia looks set to sign contracts to build two new units in India by the end of the year.
India's international nuclear isolation was effectively ended a year ago with a decision by the international Nuclear Suppliers Group to allow the country to participate in the trade of nuclear energy-related materials and equipment despite not having a full-scope safeguards agreement in common with signatories of the international nuclear non-proliferation treaty (NPT). However, at the national level, laws still prevent private sector participation in nuclear power generation and this, says Assocham, must change if the country is to avoid further power shortages.
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