Leading public and private sector suppliers of nuclear equipment, like L&T and BHEL, are unanimously opposed to the move to make them liable for any mishap at a nuclear plant. Foreign suppliers with tie ups with BHEL with BHEL and L&T — like GE-Hitachi, Westinghouse and Toshiba reportedly opposed the move.
This could mean a major roadblock for India’s plans to build nuclear power plants.
Suppliers also fear no insurance company will come forward to give them a policy cover for a period of 60 years, as proposed in the Bill.
Industry bodies FICCI and CII are preparing a representation on behalf of domestic and foreign suppliers of nuclear equipments for submission to the government.
more at:
http://www.hindustantimes.com/Liability-clause-could-deter-equipment-firms/Article1-590961.aspx
Monday, August 23, 2010
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