THE MINISTER OF STATE FOR, PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS AND PRIME MINISTER''S OFFICE (DR. JITENDRA SINGH):
(a) & (b) During the visit of the Prime Minister of Japan to India (December 12, 2015), the two sides exchanged a Memorandum, as per which both sides confirmed having reached agreement on an Agreement for Cooperation in the Peaceful Uses of Nuclear Energy.
Under the framework of the India-US ‘123’ Agreement of 2008, commercial talks are currently ongoing between Nuclear Power Corporation of India Ltd. (NPCIL) and the relevant US companies with regard to the construction of nuclear power reactors at Mithi Virdi (Gujarat) and Kovada (A.P.).
(c) The civil nuclear cooperation Agreement with Japan, when concluded, may facilitate the expansion of civil nuclear energy in India through the construction of Light Water Reactors in order to meet India’s clean energy needs.
(d)In order to cover risks pertaining to civil nuclear liability under the Civil Liability for Nuclear Damage Act, 2010, a financial risk-based-management mechanism, the India Nuclear Insurance Pool (INIP) was launched in June 2015. Insurance schemes have been devised under the INIP for the nuclear operator (NPCIL) and for nuclear suppliers, both domestic and foreign.
*****
Download PDF Files