The Times of India dated June 22, 2011 article.

US wants India to ratify CSC :

http://timesofindia.indiatimes.com/india/US-wants-India-to-ratify-CSC/articleshow/8944797.cms

The US wants India to ratify the international Convention on Supplementary Compensation (CSC) for nuclear damages (link below) by the end of this year. …the US would also expect that India’s domestic legislation, the nuclear liability law, would be in compliance with the CSC.

India’s nuclear liability law, passed in 2010 evoked protests from US nuclear companies, which wanted to start business in India. India’s liability provisions, they believed, would impose too many liabilities on them as suppliers. But Indian lawmakers decided, in the background of the Bhopal case, that there was a need to hold foreign companies down to paying damages in case of a nuclear accident.

And here’s latest. The Hindu July 19, 2011

U.S. wants IAEA to vet Indian liability law
http://www.thehindu.com/news/national/article2259880.ece

Adding a new element to the ongoing Indo-U.S. nuclear saga, Secretary of State Hillary Clinton on Tuesday “encouraged” New Delhi to “engage” with the International Atomic Energy Agency to ensure that the Indian nuclear liability law “fully conforms” with the international Convention on Supplementary Compensation (CSC) for Nuclear Damage.

Compensation for nuclear damages? Do they need to worry about liability?

I thought nuclear industry considers nuclear energy is safe.

It’s interesting…  Japanese law holds nuclear plant operators solely responsible for all accidents. I thought it was ridiculous law. I wonder who had influence to pass the law in 1970s, if I remember correctly. The answer seems too obvious.

I read when president of GE visited Japan after Fukushima Daiichi accident, he did not want to meet Japanese government officials because he was concerned that liability issues would come up. Was he not aware of the Japanese law?

According to WNA (World Nuclear Association) data, number of India’s nuclear reactors are as of July 1, 2011:

20 operative, 5 under construction, 18 planned, 40 proposed

World Nuclear Power Reactors & Uranium Requirements:
http://www.world-nuclear.org/info/reactors.html

So, a lot is at stake in India for nuclear industry. Here’s more details.

Nuclear Power in India:
http://www.world-nuclear.org/info/inf53.html

Additional Links:

IAEA

Convention on Supplementary Compensation (CSC) for nuclear damages:
http://www.iaea.org/Publications/Documents/Conventions/supcomp.html

Bhopal disaster:
http://en.wikipedia.org/wiki/Bhopal_disaster

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