GE concerned over “lack” of sustainable nuclear-regulatory environment in India

GE concerned over “lack” of sustainable nuclear-regulatory environment in India

India’s civil nuclear liability law doesn’t seem to stop haunting its atomic sector, with US major GE expressing concern over the absence of a “sustainable regulatory environment” and seeking more “clarity” before entering into a partnership with the Indian side.

While Indian officials do admit that there has been a “lukewarm” response by GE, they played down its concerns saying the company does not have a reference plant, a pre-requisite to go ahead with the project. GE Hitachi Nuclear Energy, one of the two US companies, is supposed to build six reactors in India.

When contacted, Banmali Agrawala, President and CEO for GE South Asia, told PTI “GE Hitachi Nuclear Energy believes the path forward requires a sustainable regulatory environment, which would include a nuclear liability law that channels liability to plant operators consistent with global best practices.

“We continue to have a strong interest in providing our technology to India for the eventual construction of multiple ESBWRs (Economic Simplified Boiling Water Reactor).” Read more…

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