Nuclear Waiver For a Green India ?
Posted by Srikant Rajan | # |
04:33:34 pm on September 8, 2008

India has received approval from 45 member Nuclear Supplier Group for civilian nuclear corporation , ending 34 years of nuclear isolation.This development places India in a unique position to leverage its business expertise , technical manpower with a host of cutting edge technologies to advance development of nuclear energy.This NSG waiver is expected to promote entry of private players in the power generation sector and entail an estimated investment of $40billion in the coming decade.

Politics apart , from a sustainability viewpoint this waiver has enormous implications.The development of nuclear energy is no doubt a significant fallout of this policy but access to latest technologies also presents India an opportunity to utilize the same in other domains such as medical appliances , solar energy.In essence it may ease in development of alternative power in India and thus reduce dependence on oil imports

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