Plan to amend nuclear liability law may enthuse American, French firms
(Source – The Hindu, International Edition – Page No. – 4)
Topic: GS2 – Indian polity, GS3 – Indian Economy – Infrastructure – Energy |
Context |
|
Proposed Amendments to CLNDA and Atomic Energy Act
- The Civil Liability for Nuclear Damage Act (CLNDA) will be amended to separate the operator’s liability from the supplier’s liability.
- This change will align India’s legal framework with the international Convention for Supplementary Compensation for Nuclear Damage (CSC).
- The Atomic Energy Act will be amended to allow greater private and foreign investment in nuclear power projects.
- These amendments aim to break the legal deadlock that has stalled nuclear projects with U.S. and French companies for over 15 years.
- The reforms will enable the completion of the Electricité de France (EDF) project at Jaitapur and the Westinghouse Electric Company (WEC) project at Kovvada.
- The government’s move marks a reversal from its 2015 stance, when it had ruled out amending CLNDA.
Benefits of These Amendments
- The amendments will facilitate the entry of American and French nuclear power companies into India’s energy sector.
- They will help India achieve its goal of at least 100 GW of nuclear energy capacity by 2047.
- Increased investment in small modular reactors (SMRs) will support India’s clean energy transition.
- Resolving liability concerns will boost confidence among foreign suppliers, leading to faster project execution.
- The reforms will allow India to develop advanced nuclear technologies, enhancing energy security.
- Greater private sector participation will drive job creation and technological innovation in the nuclear sector.
- Strengthened international nuclear partnerships will improve India’s geopolitical and economic standing.
Practice Question: Discuss the significance of the proposed amendments to the Civil Liability for Nuclear Damage Act (CLNDA) and the Atomic Energy Act in facilitating India’s nuclear energy expansion. (150 Words /10 marks) |
Check more- What does the Budget offer Railways?