Skip to main content

India Notes NEI on the US-India Agreement

By

nuclear_deal NEI has been supportive of the US-India nuclear trade agreement and worked to help it along its winding trail through the international and national thickets where it could. The Indians have noticed this, as this story from NDTV demonstrates:

Nuclear Energy Institute, the policy arm of US nuclear energy industry, has welcomed the Congressional ratification of the historic US India Civilian Nuclear Cooperation Agreement and said that it has the potential to strengthen the American economy.


"The agreement holds the potential to strengthen the US economy while fostering within India increased use of nuclear energy to cleanly provide the reliable electricity that is so vital in modern society," said Frank Bowman, president and chief executive of the Nuclear Energy Institute.
... 
[NEI] was part of the US nuclear industry delegation, which visited India last year to have a preliminary round of talks with the Indian Government officials and also the private sector.

Most of what the article says will be familiar to readers of this site, but it's interesting to see the Indian press look at this deal from so many angles - something the American press might note.

Nice image used by NDTV for their story. It mixes the American and Indian flags. Would make a good wallpaper for your computer.

Labels:

Comments

Anonymous said…
Congratulations to NEI for its contribution to accelerating the nuclear arms race in South Asia?
October 3, 2008 at 1:23 PM
Mark Flanagan said…
Stale point, already disproved. We know you can do better, Gunter.
October 3, 2008 at 2:03 PM
vijai said…
NDTV always gives the better in all news in all angle.nice job ndtv.
keep it up.

---------
vijai

sreevysh
October 3, 2008 at 6:37 PM
Post a Comment

Popular posts from this blog

Activists' Claims Distort Facts about Advanced Reactor Design

By
Below is from our rapid response team . Yesterday, regional anti-nuclear organizations asked federal nuclear energy regulators to launch an investigation into what it claims are “newly identified flaws” in Westinghouse’s advanced reactor design, the AP1000. During a teleconference releasing a report on the subject, participants urged the Nuclear Regulatory Commission to suspend license reviews of proposed AP1000 reactors. In its news release, even the groups making these allegations provide conflicting information on its findings. In one instance, the groups cite “dozens of corrosion holes” at reactor vessels and in another says that eight holes have been documented. In all cases, there is another containment mechanism that would provide a barrier to radiation release. Below, we examine why these claims are unwarranted and why the AP1000 design certification process should continue as designated by the NRC. Myth: In the AP1000 reactor design, the gap between the shield bu...
23 comments
Read more

Wednesday Update

By
From NEI’s Japan micro-site: NRC, Industry Concur on Many Post-Fukushima Actions Industry/Regulatory/Political Issues • There is a “great deal of alignment” between the U.S. Nuclear Regulatory Commission and the industry on initial steps to take at America’s nuclear energy facilities in response to the nuclear accident in Japan, Charles Pardee, the chief operating officer of Exelon Generation Co., said at an agency briefing today. The briefing gave stakeholders an opportunity to discuss staff recommendations for near-term actions the agency may take at U.S. facilities. PowerPoint slides from the meeting are on the NRC website. • The International Atomic Energy Agency board has approved a plan that calls for inspectors to evaluate reactor safety at nuclear energy facilities every three years. Governments may opt out of having their country’s facilities inspected. Also approved were plans to maintain a rapid response team of experts ready to assist facility operators recoverin...
Post a Comment
Read more

Nuclear Utility Moves Up in Credit Ratings, Bank is "Comfortable with Nuclear Strategy"

By
Some positive signs that nuclear utilities can continue to receive positive ratings even while they finance new nuclear plants for the first time in decades: Wells Fargo upgrades SCANA to Outperform from Market Perform Wells analyst says, "YTD, SCG shares have underperformed the Regulated Electrics (total return +2% vs. +9%). Shares trade at 11.3X our 10E EPS, a modest discount to the peer group median of 11.8X. We view the valuation as attractive given a comparatively constructive regulatory environment and potential for above-average long-term EPS growth prospects ... Comfortable with Nuclear Strategy. SCG plans to participate in the development of two regulated nuclear units at a cost of $6.3B, raising legitimate concerns regarding financing and construction. We have carefully considered the risks and are comfortable with SCG’s strategy based on a highly constructive political & regulatory environment, manageable financing needs stretched out over 10 years, strong partners...
Post a Comment
Read more