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7 Feb 2015

Elizabeth Roche, Mint

India clears air on nuclear liability

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India...revealed the details of its talks with the US to operationalize their long-stalled civil nuclear cooperation pact, clarifying that liability in the case of a nuclear accident would rest primarily with the operator of nuclear power plants. According to the details...press release put out by the ministry of external affairs, the operator of the nuclear plant can seek damages from the supplier or manufacturer of equipment if their initial contract allows for it...The clarifications are expected to provide relief to companies—both Indian and foreign—that were previously reluctant to enter the Indian nuclear power market, given that the (Civil Liability for Nuclear Damage Act) CLNDA seemed to place the onus of liability in the event of an accident on the suppliers and manufacturers of equipment rather than on the operator.