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India: US$ 100 billion scam and Nuclear energy security at stake??

David James

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India: US$ 100 billion scam and Nuclear energy security at stake??



After coal, did India give away Thorium at pittance too?

Thorium, if India’s nuclear scientific community is to be believed, holds the key to our nuclear programme being freed from the dependance on uranium imports to power our nuclear plants and allowing us to develop limitless amounts of fuel since it could be extracted from sand on beaches.

But according to a report in the Statesman, the government has failed to control the export of monazite, the raw material from which thorium can be extracted, and has allowed 2.1 million tonnes of it to be extracted.


Japan-Nuclear-ap.jpg


Representational image. AP

The report estimates that if the thorium extracted from the monazite is estimated at $100 per tonne, then the loss to the exchequer is approximately Rs 48 lakh crore (US$ 100 billion), in addition to the incalculable loss to the nuclear fuel programme. :angry::eek::tdown::tdown::sick:

So what is monazite? Sand, rather sand from particular beaches in states like Kerala, Orissa and Tamil Nadu which yields about 8 to 10 percent thorium, according to the BARC.

Thorium is converted into an isotope of uranium which is used to feed nuclear reactors and can be used multiple times to generate electrcity, creating a seemingly endless cycle of fuel availability.

The Bhabha Atomic Research Centre has developed a research nuclear reactor that is powered by thorium at Kalpakkam near Chennai and work has also begun on a 500 MW fast breeder reactor at Kalpakkam.

According to another report in the Statesman, the US and Japan are actively looking to increase their production of thorium and thorium-based reactors, due to which India needs to safeguard its mineral resources by banning the export of minerals from which thorium can be extracted, in order to safeguard its nuclear fuel programme for the future.

So is there an immediate cause for worry? Maybe not.

As recently as July, the Atomic Energy Chairman RK Sinha was quoted as saying that it would take some time for thorium to replace uranium as the fuel of choice in all nuclear power plants, specifically a couple of decades.

“We have to assess the thorium-powered reactor on various aspects in the long-term before replicating similar models in bigger ways,” he was quoted as saying in a report in the Times of India.

However, if it is as crucial for the Indian nuclear power programme, the Indian government might do well to guard its exports more carefully.


After coal, did India give away Thorium at pittance too? | Firstpost
 
scam after scam ...manmohan is breaking all records in corruption
 
The report estimates that if the thorium extracted from the monazite is estimated at $100 per tonne, then the loss to the exchequer is approximately Rs 48 lakh crore (US$ 100 billion), in addition to the incalculable loss to the nuclear fuel programme.
Wow! Looks like my countrymen found about multiplication of numbers................take few numbers and multiply to get some mind boggling numbers :lol:

As recently as July, the Atomic Energy Chairman RK Sinha was quoted as saying that it would take some time for thorium to replace uranium as the fuel of choice in all nuclear power plants, specifically a couple of decades.

“We have to assess the thorium-powered reactor on various aspects in the long-term before replicating similar models in bigger ways,” he was quoted as saying in a report in the Times of India.
Trying to count chickens before they hatch....



Pssssh.......it's Firstpost :hang2:
 
The world must be laughing at India, where the **** is our country going?
 
Doomed UPA~II

The Great Thorium Robbery

sam rajappa

Since the UPA government assumed office in 2004 with Manmohan Singh as Prime Minister, 2.1 million tones of monazite, equivalent to 195,300 tonnes of thorium at 9.3 per cent recovery, has disappeared from the shores of India. Thorium is a clean nuclear fuel of strategic importance for both nuclear energy generation and nuclear-tipped missiles. The beaches of Orissa Sand Complex, Manavalakurichi in Kanyakumari district of Tamil Nadu and the Aluva-Chavara belt on the Kerala coast have been identified under the Mines and Minerals (Development and Regulation) Act, 1957, as the main monazite bearing areas in the country. In most other countries, thorium reserves are embedded in rocks which require elaborate processing to extract. Public sector Indian Rare Earths Limited having divisions at Chatrapur in Orissa, Manavalakurichi in Tamil Nadu, Chavara and Aluva, and its own research centre in Kollam in Kerala, is the only institution authorised to extract thorium from monazite sands. If the Comptroller and Auditor-General were to audit the accounts of the IREL and the Department of Atomic Energy, custodians of fissile minerals, the coalgate scam would look like small change. The missing thorium, conservatively estimated at $100 a tonne, works out to about Rs 48 lakh crore, putting all other UPA scams in the shade.
To a question by Kodikunnel Suresh addressed to the Prime Minister in the Lok Sabha on 30 November 2011, about the quantum of monazite being exported to other countries and whether the companies mining beach sand have violated the norms of the Atomic Energy Regulatory Board, V Narayanaswamy, Minister of State in the PMO, said that beach sands containing heavy minerals barring monazite were being exported. However, he said that licence under the Atomic Energy Act was required for the export of monazite and thorium which were prescribed substances, and that no licence was given for the export of these items. The Department of Atomic Energy, directly under Manmohan Singh, delisted heavy minerals like monazite and ilmenite from the prescribed substances list vide SO 61 (E) dated 20 January, 2006, to facilitate their export by private companies. Licences have been issued with the proviso that “having undertaken to comply with the conditions prescribed in the Atomic Energy (Working of mines, minerals hand handling of prescribed substances) Rules, 1984, licence is issued with the approval of the Licensing Authority.”
The Licencing Authority is the Nagpur-based Chief Controller of Mines, under the Union Ministry of Mines. Ever since CP Ambrose, Chief Controller of Mines, an upright officer, retired on 30 June 2008, the post has been deliberately kept open and Ranjan Sahai, Controller of Mines, Central Zone, alleged to be close to private placer mineral industrialists, has been allowed to officiate in place of the Chief Controller. Four years is a long time to keep a key post of crucial, strategic and vital importance vacant. Sahai is said to be the most favoured public functionary of the Union Ministry of Mines working in the field, enjoying dictatorial clout with all officials in the ministry. Several written public complaints against Sahai are pending with the Central Vigilance Commissioner, New Delhi. It is reliably learnt that the Departmental Promotion Committee has already selected an officer working in Nagpur to fill the post of Chief Controller of Mines but his appointment is being prevented by Sahai. Such is his clout in the Ministry of Mines.
According to K Balachandran of the Atomic Minerals Directorate for Exploration and Research, DAE, commercial exploitation of beach sand in India dates back to 1909 when Schomberg, a German chemist, was exploring for monazite occurrences in search of thorium for the gas mantles industry. After the German, the French, who understood the value of thorium, began buying beach sand from Kerala and exporting it to their country. From this starting point many milestones have been crossed with the discovery of ilmenite, rutile, garnet, zircon and sillimanite in our beach sands. When the Department of Atomic Energy was established in the early days of independence, one of the first decisions Prime Minister Nehru took was to ban the export of thorium. India is reputed to have the largest mineral sands resources in the world. These are also among the least exploited resources having a high potential to meet the country’s energy needs. Seventy per cent of India energy is met by import of oil and gas. The beach placer mining sector was opened to private entrepreneurs in 1998. Export of beach sands registered a quantum jump after 2005. As if to promote exports, even radioactive minerals, much needed for our nuclear energy programme, are allowed to be taken out of the country unchecked. To add insult to injury, private exporters of prohibited minerals are presented with Special Awards and Certificates of Merit by the Chemicals and Allied Products Export Promotion Council of the Government of India. Indiscriminate mining, if not monitored and regulated, can cause severe erosion in the coastal areas.
At least now the government should exclude thorium producing placer minerals like monazite, ilmenite, rutile, zircon, and mineral complexes together with uranium minerals from the purview of privatisation under the Mines and Minerals (Development and Regulation) Act, 1957, and the Indian Atomic Energy Act, 1948. These resources should be specified in the Central List of Part XI of the Constitution. The Mines Act should be amended with a mandate for the setting up of a Mines Regulatory Authority on the lines of the Telecom Regulatory Authority or the Insurance Regulatory Authority in order to ensure that any complex minerals which have the potential to produce thorium is not allowed to be mined and conserved with provisos for extraction and delivery of processed thorium to the agencies of the Atomic Energy Commission. Considering the strategic importance, select thorium bearing areas should be declared as exclusive zones and brought under the security cover of the Army, Navy and the Air Force. The civil administration has proved incapable of handling this responsibility. All private trade, both internal and external, in thorium producing placer mineral complexes should be banned and the entire thorium extracted so far should be brought under the control of the Joint Nuclear Fuel Control Agency. The CBI should investigate illegal mining of thorium resources and bring the culprits to book expeditiously. Since local communities constitute the first line of defence to ensure protection and conservation of the strategic reserves; they should be given a substantial share of the mining profits. To ensure that the distribution of such share reaches the beneficiaries, the Joint Nuclear Fuel Control Agency should pass on the amount to the Panchayati Raj institutions in the mining areas.
As Shashi Tharoor, former Minister of State for External Affairs, said at a recent book release function: “Good governance transcends all administrative frontiers. It requires politicians to recognise the importance of working together for a common goal.” The UPA government has been squandering Bharat Mata’s gift of nature for private greed and proved in the last eight years that it is incapable of providing good governance. The greatest service Manmohan Singh could do to the nation before another scam even bigger than the great thorium robbery surfaces is to resign and go. Surely we have had enough of his leadership.

Special Article
 
^^
Sufficient quantity of thorium reserves are available in the country which has the potential to serve as feedstock for an ambitious nuclear power programme.

The atomic Minerals Directorate for Exploration and Research (AMD), a constituent of Department of Atomic Energy has established the presence of 10.70 million tonnes of Monazite in the country, which contains 9,63,000 tonnes of Thorium Oxide (ThO2). India Monazite contains about 9-10% of ThO2 and about 8,46,477 tonnes of thorium Metal can be obtained from 9,63,000 tonnes of ThO2 which will be used for future programmes of DAE.

India is pursuing a three-stage nuclear power generation programme aimed at long term energy independence based on use of our abundant Thorium resources. The programme is to use Thorium for electricity generation in the long-term. In order to realize this goal, we are well into the first stage based on our modest domestic uranium resources. This will be followed by second stage comprising of fast reactors. It is proposed to set up a large power generation capacity based on fast reactors before getting into the third stage. Thorium in itself cannot produce electricity and it has to be first converted to Uranium-233 in a nuclear reactor. A comprehensive three-stage nuclear power programme is therefore being implemented sequentially.

Shri V. Narayanasamy, Minister of State for Personnel, Public Grievances & Pensions and in the Prime Minister’s Office gave this information in a written reply to a question by Adv. Ganeshrao Dudhgaonkar in Lok Sabha today.

1 ton of thorium = $100
8,46,477 tonnes x $100 = ???

Missing thorium
195,300 tonnes x $100 = $100 Billion :hang2:
 
I know this, its happening near the coasts of Tirunelveli,and Kanyakumari districts in Tamil Nadu. It's happening more than 10 years atleast. Already it's too late. Our politicians already started digging our graves. Really fed up with this govt, some times it feels good to raise arms against this govt.
 
#ThoriumScam Price of thorium at $500 per kg/ 2mn tonnes missing means a loss of $1000 bn. So the loss is equal to Rs 50 lakh Cr :welcome:
 
blaming the govt seems wrong , we should blame the people who voted for this thieves
 
Figment of imagination.

Coalgate scam is a political issue. The BJP wants power and scams is their way to get there.

Thorium scam is no different. India got the market price of Thorium over 50 years of export. If it sells for $500 a ton, it sold for rupees 40,000 a ton in 1975. Moreover nobody wants Thorium from 1945 till todate. Only India is building a Thorium reactor. Others have plenty to Uranium ore in Australia, Canada, US and Russia and Africa.


So relax. These are ways to get to power.


Even coalgate is scam of imaginary kind. No coal has been sold in the market. The captive use coal for power plants in the ground is still in the ground. It has to be extracted, power plants built and power supplied to the grid at an agreed price. If the power sold is high based on raw material cost - coal, then government in ten years impose freeze. It has not happened yet.


Hence coal scam and now Thorium scams are political scams. To these CAG, a bunch of beans counter trying to tell business, industry and government as to how to conduct themselves is pity.

The same logic is to be applied to 2G scam. Without cheaper price of wavelengths , there would have been no phone revolution in India. Now india 900 million phones becuase it is so cheap. Yes Mr. Raja and DMK boss's daughter collected money is a different matter. They have been in jail.
 
can i get share in those scam :angel:... small fraction of share is also fine for me....
 
So what correctitive measures are taking place?


And let's not pretend that the BJP or anyone else in Indian politics is 100% clean. I am not a Congress supporter btw, before you ask. Corruption is endemic in all levels of society the only variable is the amounts involved. This situation will exisit for as long as the Indian people allow it to, as long as they remain passive, indifferent and unchallenging to such behavior these poltiicans and everyone else are going to apply what they have done for their entire lives and continue this outrageous corruption that really does threaten India's long term economic health. $100 BN FFS!! With the significant multiplier effect in the Indian economy this sort of injection into the Indian economy would have mammoth consequences.
 
manmohan is following orders, his job is to be the fall guy so that maino can loot.

Hey, India still voted Congress-and by extension Mrs Gandhi, into power back in 2004- blame them (and yourself if you were one of them), it's a democracy- the electorate have to take accountability sometime.

+ and let's not forget that in 2009, off the back of MMS's image and him as the face of Congress they decimated the oppostion. Politics is fickle, and in India it is doubly so.
 
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