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India's Nuclear Agreement
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tyagi
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Sam Dhanraj
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Nothing stands in the way for India to become a worthy member of NSG -Nuclear Supplier Group as the agreement grants bilateral nuclear trade. It means India can supply to any IAEA member with the exception of Pakistan and Israel who have not signed NPT yet.
It also means other countries can start negotiations to import or atleast cooperate in thorium based reactors in near future.
It will take a few years if not a decade for India to become a solid member of NSG, there are no export designs to date.
Flintlock
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India reserves right to go ahead with N-tests: Kakodkar
8 Sep 2008, 0019 hrs IST,TNN
MUMBAI: Chairman of Atomic Energy Commission (AEC), Anil Kakodkar, has said the green signal to the draft waiver by the 45-member Nuclear Suppliers' Group (NSG) on Saturday doesn't prevent India from carrying out further nuclear tests if the need arises.
Speaking to TOI on Sunday, Kakodkar, who was jubilant, maintained that "India retains its sovereign right to carry out tests if needed", and that there was "no obligation in the revised draft against testing." Incidentally, it was former prime minister Indira Gandhi who had informally launched India's weaponisation programme during a visit to Barc in the early 1970s.
Kakodkar, who played a key role in the success of the NSG meet at Vienna on Saturday, explained that if India was compelled to test, there will be no automatic stoppage of fuel. "There will be sufficient opportunity for us to explain why we had to test. On our part, we have to make sufficient arrangements to ensure uninterrupted functioning of our reactors before we decide on an atomic test. Such things have to be factored in," he said.
While emphasising there was a voluntary moratorium on further testing, Kakodkar said this could be lifted in case there was a requirement to conduct a test. Asked if the US Congress did not clear the deal later this month, could India initiate nuclear commerce with other nations, Kakodkar replied: "In principle, yes. But we would like to deal with all countries."
India reserves right to go ahead with N-tests: Kakodkar-India-The Times of India
8 Sep 2008, 0019 hrs IST,TNN
MUMBAI: Chairman of Atomic Energy Commission (AEC), Anil Kakodkar, has said the green signal to the draft waiver by the 45-member Nuclear Suppliers' Group (NSG) on Saturday doesn't prevent India from carrying out further nuclear tests if the need arises.
Speaking to TOI on Sunday, Kakodkar, who was jubilant, maintained that "India retains its sovereign right to carry out tests if needed", and that there was "no obligation in the revised draft against testing." Incidentally, it was former prime minister Indira Gandhi who had informally launched India's weaponisation programme during a visit to Barc in the early 1970s.
Kakodkar, who played a key role in the success of the NSG meet at Vienna on Saturday, explained that if India was compelled to test, there will be no automatic stoppage of fuel. "There will be sufficient opportunity for us to explain why we had to test. On our part, we have to make sufficient arrangements to ensure uninterrupted functioning of our reactors before we decide on an atomic test. Such things have to be factored in," he said.
While emphasising there was a voluntary moratorium on further testing, Kakodkar said this could be lifted in case there was a requirement to conduct a test. Asked if the US Congress did not clear the deal later this month, could India initiate nuclear commerce with other nations, Kakodkar replied: "In principle, yes. But we would like to deal with all countries."
India reserves right to go ahead with N-tests: Kakodkar-India-The Times of India
nitesh
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The main benefit will be that there will be increased attention towards PHWR reactors, not the LWR ones. The only problem with PHWR is that if it goes down because of any mind ANY problem it takes no less then to days to become critical again. But the good point is that it allows the use of not enriched fuel. The PHWR reactors produces plutonium which will be used in thorium reactors (fast breeder) for producing power. This is going to be the main focus in coming time.
nitesh
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guys check this, kinda old but still gives lot of info
http://www.indiaresearch.org/Indo-USStrategicDeal.pdf
http://www.indiaresearch.org/Indo-USStrategicDeal.pdf
nitesh
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money started talking 
Industry sees Rs 120k-cr business opportunity- Indicators-Economy-News-The Economic Times
Industry sees Rs 120k-cr business opportunity
8 Sep, 2008, 0000 hrs IST,Mahima Puri, ET Bureau
India Inc is optimistic that the NSG waiver and India’s entry into the elite nuclear club will have significant economic spin-offs. It is hopeful that this development will put the country’s high-technology trade and business in the high-growth trajectory.
While the benefits are expected to reach beyond the power sector, a low-hanging fruit of the deal is that it will provide an opportunity for Indian manufacturers to gain technological expertise in the supply of spares and components for the nuclear power plants.
According to industry body CII, in the mid- and long-term, India has an opportunity to become an export hub of these spares and components. “The NSG clearance has now directly opened up business opportunities worth Rs 1,20,000 crore in the next 15 years. “
The nuclear deal will also enable addition of new capacity and help fulfil the target of adding 63,000 MW by 2030,’’ says CII.
These developments should benefit infrastructure and power companies such as NTPC, Jindal, Larsen &Toubro, Tata Power and Reliance Power. Other companies that have traditionally not been in this field may also make a foray in this sector given the magnitude of the business potential.
In addition to power, other high technology sectors such as semi conductors, advanced manufacturing, precision engineering, defence equipment, advanced and specialty chemicals, electronics, sensors, environmental technology, space, automation and robotics, and pharma. While some sectors will be helped by removal of restrictions on import of dual technology items and technology, others will get an opportunity to tap the potential created by nuclear trade.
According to a senior official from Larsen & Toubro, the spurt of activities would be experienced in the pharma and T space. He says: “IT can help in terms of software services, data management and control & automation. Also, the R&D skills from the pharma sector may play a crucial role. The R&D staff in pharma is well-equipped to handle the sensitive technologies which India will get access to. They may also prove crucial in handling the chemical transformations and temperature control in the nuclear plants.”
Says a senior official from Larsen & Toubro, “The deal would open gates for huge private investments by international companies and players into the Indian economy. This includes strategic co-operation between Indian companies and their international counterparts. India will get access to closely-held and sensitive technologies. Among the sector which will benefit apart from power are defence, IT, insurance and pharma.”
Industry sees Rs 120k-cr business opportunity- Indicators-Economy-News-The Economic Times
Industry sees Rs 120k-cr business opportunity
8 Sep, 2008, 0000 hrs IST,Mahima Puri, ET Bureau
India Inc is optimistic that the NSG waiver and India’s entry into the elite nuclear club will have significant economic spin-offs. It is hopeful that this development will put the country’s high-technology trade and business in the high-growth trajectory.
While the benefits are expected to reach beyond the power sector, a low-hanging fruit of the deal is that it will provide an opportunity for Indian manufacturers to gain technological expertise in the supply of spares and components for the nuclear power plants.
According to industry body CII, in the mid- and long-term, India has an opportunity to become an export hub of these spares and components. “The NSG clearance has now directly opened up business opportunities worth Rs 1,20,000 crore in the next 15 years. “
The nuclear deal will also enable addition of new capacity and help fulfil the target of adding 63,000 MW by 2030,’’ says CII.
These developments should benefit infrastructure and power companies such as NTPC, Jindal, Larsen &Toubro, Tata Power and Reliance Power. Other companies that have traditionally not been in this field may also make a foray in this sector given the magnitude of the business potential.
In addition to power, other high technology sectors such as semi conductors, advanced manufacturing, precision engineering, defence equipment, advanced and specialty chemicals, electronics, sensors, environmental technology, space, automation and robotics, and pharma. While some sectors will be helped by removal of restrictions on import of dual technology items and technology, others will get an opportunity to tap the potential created by nuclear trade.
According to a senior official from Larsen & Toubro, the spurt of activities would be experienced in the pharma and T space. He says: “IT can help in terms of software services, data management and control & automation. Also, the R&D skills from the pharma sector may play a crucial role. The R&D staff in pharma is well-equipped to handle the sensitive technologies which India will get access to. They may also prove crucial in handling the chemical transformations and temperature control in the nuclear plants.”
Says a senior official from Larsen & Toubro, “The deal would open gates for huge private investments by international companies and players into the Indian economy. This includes strategic co-operation between Indian companies and their international counterparts. India will get access to closely-held and sensitive technologies. Among the sector which will benefit apart from power are defence, IT, insurance and pharma.”
muse
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China welcomes lifting of nuclear trade embargo on India
Updated at: 0950 PST, Monday, September 08, 2008
BEIJING: China said Monday the lifting of a nuclear trade embargo on India reflected the right of all nations to use atomic energy peacefully, while expressing hope it would help non-proliferation efforts.
The Nuclear Suppliers Group, which controls the export and sale of nuclear technology, on Saturday lifted the 34-year-old embargo, paving the way for New Delhi to finalise a civilian technology nuclear deal with Washington.
"China has all along advocated that all nations are entitled to the peaceful uses of nuclear energy," foreign ministry spokeswoman Jiang Yu said in a statement. At the same time, the relevant cooperation should help maintain the integrity and validity of the international nuclear non-proliferation system."
China had expressed concerns over lifting the ban since India, which had been denied access to civilian nuclear technology because it tested a nuclear weapon in 1974, is not a member of the Nuclear Non-proliferation Treaty.
But India finally made a "formal declaration" on Friday to stand by its non-proliferation commitments and uphold its moratorium on tests, and China withdrew its earlier opposition.
"China hopes such a decision will be conducive to the international cooperation on use of nuclear energy for peaceful purpose and prevention of nuclear proliferation," Jiang said.
Updated at: 0950 PST, Monday, September 08, 2008
BEIJING: China said Monday the lifting of a nuclear trade embargo on India reflected the right of all nations to use atomic energy peacefully, while expressing hope it would help non-proliferation efforts.
The Nuclear Suppliers Group, which controls the export and sale of nuclear technology, on Saturday lifted the 34-year-old embargo, paving the way for New Delhi to finalise a civilian technology nuclear deal with Washington.
"China has all along advocated that all nations are entitled to the peaceful uses of nuclear energy," foreign ministry spokeswoman Jiang Yu said in a statement. At the same time, the relevant cooperation should help maintain the integrity and validity of the international nuclear non-proliferation system."
China had expressed concerns over lifting the ban since India, which had been denied access to civilian nuclear technology because it tested a nuclear weapon in 1974, is not a member of the Nuclear Non-proliferation Treaty.
But India finally made a "formal declaration" on Friday to stand by its non-proliferation commitments and uphold its moratorium on tests, and China withdrew its earlier opposition.
"China hopes such a decision will be conducive to the international cooperation on use of nuclear energy for peaceful purpose and prevention of nuclear proliferation," Jiang said.
nitesh
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see how many people are lining up
The Hindu News Update Service
Videocon, Jindal, 38 others in race to set up N-power plants
New Delhi (PTI): Within days of the Nuclear Suppliers Group giving a go-ahead to nuclear trade with India, industry body ASSOCHAM on Monday said about 40 companies, including Videocon and Sajjan Jindal Group, are in talks with companies abroad to set up power plants, envisaging an investment of about Rs 2 lakh crores.
"We have already asked the Prime Minister Manmohan Singh to amend the legislations regarding nuclear power to facilitate the entry of private sector in generation of nuclear power," Venugopal Dhoot, past president of industry chamber ASSOCHAM, told reporters here.
Welcoming the clearance given by NSG to India at Vienna, he said 40 companies are in the fray to set up nuclear power plants, which is likely to add 40,000 MW of power in the next 15 years.
"As many as 40 companies have already started negotiating ,including Videocon and Sajjan Jindal Group and we are hoping in 15 years time maximum of Rs 2 lakh crore investment will be coming into the sector," ASSOCHAM Secretary General D S Rawat said here.
The power produced from the nuclear plant will be cheap and will reduce the overall tariffs, Dhoot said.
The Hindu News Update Service
Videocon, Jindal, 38 others in race to set up N-power plants
New Delhi (PTI): Within days of the Nuclear Suppliers Group giving a go-ahead to nuclear trade with India, industry body ASSOCHAM on Monday said about 40 companies, including Videocon and Sajjan Jindal Group, are in talks with companies abroad to set up power plants, envisaging an investment of about Rs 2 lakh crores.
"We have already asked the Prime Minister Manmohan Singh to amend the legislations regarding nuclear power to facilitate the entry of private sector in generation of nuclear power," Venugopal Dhoot, past president of industry chamber ASSOCHAM, told reporters here.
Welcoming the clearance given by NSG to India at Vienna, he said 40 companies are in the fray to set up nuclear power plants, which is likely to add 40,000 MW of power in the next 15 years.
"As many as 40 companies have already started negotiating ,including Videocon and Sajjan Jindal Group and we are hoping in 15 years time maximum of Rs 2 lakh crore investment will be coming into the sector," ASSOCHAM Secretary General D S Rawat said here.
The power produced from the nuclear plant will be cheap and will reduce the overall tariffs, Dhoot said.
nitesh
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US is not going to stop here:
http://www.ptinews.com/pti/ptisite.nsf/0/7AAC522962E11D03652574BE003A3527?OpenDocument
Making India "full partner" in NSG is next aim for US
New Delhi, Sep 8 (PTI) After working "tirelessly" for securing a waiver for India from the Nuclear Suppliers' Group for trade in the atomic energy, the US today said its next aim is to make New Delhi a "full partner" in the nuclear cartel.
"President Bush, Secretary of State and the entire administration had worked tirelessly to ensure that India reached the stage where it has today in the Nuclear Suppliers Group (NSG)," Assistant Secretary (Market Access and Compliance) in the US Department of Commerce David Bohigian said here.
Bohigian said Bush and the Congress administration would continue to work to "make India a full partner in this group (NSG) which we think is crucial... From a strategic, political, economic and energy standpoint".
He said the US administration would be working through the Congress and the Hyde Act to ensure 100 billion dollar marekt for American companies.
"The next step for the US (administration) will be working through the Congress and the Hyde Act and make sure that business opportunities will enable the US firms to stay in what is estimated to be 100 billion dollar market," the official said at a CII seminar.
He said atomic energy would play an important role for economic development of India. "When you look at the energy map of 2020 and beyond, certainly nuclear has a key role to play in India's growth which we welcome," Bohigian said.
According to industry body Assocham, about 40 companies, including Videocon, have already started talks with foreign firms to set up nuclear power plants envisaging a total investment of about Rs 2,00,000 crore in India.
"We have asked the Prime Minister Manmohan Singh for amendments in the legislations to facilitate the entry of private sector in generation of nuclear power," Videocon group head Venugopal Dhoot said. PTI
http://www.ptinews.com/pti/ptisite.nsf/0/7AAC522962E11D03652574BE003A3527?OpenDocument
Making India "full partner" in NSG is next aim for US
New Delhi, Sep 8 (PTI) After working "tirelessly" for securing a waiver for India from the Nuclear Suppliers' Group for trade in the atomic energy, the US today said its next aim is to make New Delhi a "full partner" in the nuclear cartel.
"President Bush, Secretary of State and the entire administration had worked tirelessly to ensure that India reached the stage where it has today in the Nuclear Suppliers Group (NSG)," Assistant Secretary (Market Access and Compliance) in the US Department of Commerce David Bohigian said here.
Bohigian said Bush and the Congress administration would continue to work to "make India a full partner in this group (NSG) which we think is crucial... From a strategic, political, economic and energy standpoint".
He said the US administration would be working through the Congress and the Hyde Act to ensure 100 billion dollar marekt for American companies.
"The next step for the US (administration) will be working through the Congress and the Hyde Act and make sure that business opportunities will enable the US firms to stay in what is estimated to be 100 billion dollar market," the official said at a CII seminar.
He said atomic energy would play an important role for economic development of India. "When you look at the energy map of 2020 and beyond, certainly nuclear has a key role to play in India's growth which we welcome," Bohigian said.
According to industry body Assocham, about 40 companies, including Videocon, have already started talks with foreign firms to set up nuclear power plants envisaging a total investment of about Rs 2,00,000 crore in India.
"We have asked the Prime Minister Manmohan Singh for amendments in the legislations to facilitate the entry of private sector in generation of nuclear power," Videocon group head Venugopal Dhoot said. PTI
nitesh
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US is not going to stop here:
Making India "full partner" in NSG is next aim for US
Making India "full partner" in NSG is next aim for US
New Delhi, Sep 8 (PTI) After working "tirelessly" for securing a waiver for India from the Nuclear Suppliers' Group for trade in the atomic energy, the US today said its next aim is to make New Delhi a "full partner" in the nuclear cartel.
"President Bush, Secretary of State and the entire administration had worked tirelessly to ensure that India reached the stage where it has today in the Nuclear Suppliers Group (NSG)," Assistant Secretary (Market Access and Compliance) in the US Department of Commerce David Bohigian said here.
Bohigian said Bush and the Congress administration would continue to work to "make India a full partner in this group (NSG) which we think is crucial... From a strategic, political, economic and energy standpoint".
He said the US administration would be working through the Congress and the Hyde Act to ensure 100 billion dollar marekt for American companies.
"The next step for the US (administration) will be working through the Congress and the Hyde Act and make sure that business opportunities will enable the US firms to stay in what is estimated to be 100 billion dollar market," the official said at a CII seminar.
He said atomic energy would play an important role for economic development of India. "When you look at the energy map of 2020 and beyond, certainly nuclear has a key role to play in India's growth which we welcome," Bohigian said.
According to industry body Assocham, about 40 companies, including Videocon, have already started talks with foreign firms to set up nuclear power plants envisaging a total investment of about Rs 2,00,000 crore in India.
"We have asked the Prime Minister Manmohan Singh for amendments in the legislations to facilitate the entry of private sector in generation of nuclear power," Videocon group head Venugopal Dhoot said. PTI
Making India "full partner" in NSG is next aim for US
Making India "full partner" in NSG is next aim for US
New Delhi, Sep 8 (PTI) After working "tirelessly" for securing a waiver for India from the Nuclear Suppliers' Group for trade in the atomic energy, the US today said its next aim is to make New Delhi a "full partner" in the nuclear cartel.
"President Bush, Secretary of State and the entire administration had worked tirelessly to ensure that India reached the stage where it has today in the Nuclear Suppliers Group (NSG)," Assistant Secretary (Market Access and Compliance) in the US Department of Commerce David Bohigian said here.
Bohigian said Bush and the Congress administration would continue to work to "make India a full partner in this group (NSG) which we think is crucial... From a strategic, political, economic and energy standpoint".
He said the US administration would be working through the Congress and the Hyde Act to ensure 100 billion dollar marekt for American companies.
"The next step for the US (administration) will be working through the Congress and the Hyde Act and make sure that business opportunities will enable the US firms to stay in what is estimated to be 100 billion dollar market," the official said at a CII seminar.
He said atomic energy would play an important role for economic development of India. "When you look at the energy map of 2020 and beyond, certainly nuclear has a key role to play in India's growth which we welcome," Bohigian said.
According to industry body Assocham, about 40 companies, including Videocon, have already started talks with foreign firms to set up nuclear power plants envisaging a total investment of about Rs 2,00,000 crore in India.
"We have asked the Prime Minister Manmohan Singh for amendments in the legislations to facilitate the entry of private sector in generation of nuclear power," Videocon group head Venugopal Dhoot said. PTI
nitesh
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BanglaBhoot
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Australia to keep India uranium sale ban - report
CANBERRA, Sept 8 (Reuters) - Australia will not reverse its ban on the sale of uranium to India and other countries that have not signed the Nuclear Non-Proliferation Treaty, Trade Minister Simon Crean was reported as saying on Monday.
Australia's policy would not change, Crean told the Australian newspaper, despite the government's support for a weekend decision by the 45-nation Nuclear Supplier Group to lift a global ban on nuclear trade with India.
"Labor is committed to supplying uranium to only those countries party to the NPT. Australia will therefore not be supplying uranium to India while it is not a member of the NPT," Crean told the paper.
Australia is a member of the NSG. The group's one-off waiver paves the way for a controversial U.S.-Indian atomic energy deal, still to be ratified by the U.S. Congress.
Washington says the fuel and technology deal would forge a strategic partnership with the world's largest democracy, help India meet rising energy demand in an environmentally sound way and open a nuclear market worth billions of dollars.
Australia has 40 percent of the world's known uranium reserves, but has consistently rejected India's pleas to be allowed to buy the nuclear fuel.
Australia's Foreign Minister Stephen Smith will come under pressure to reverse the policy during a visit to India this week. Smith's visit also follows a weekend state election in Australia which could see more uranium mined. (Reporting by Rob Taylor, editing by Jonathan Standing)
Australia to keep India uranium sale ban - report | Markets | Reuters
CANBERRA, Sept 8 (Reuters) - Australia will not reverse its ban on the sale of uranium to India and other countries that have not signed the Nuclear Non-Proliferation Treaty, Trade Minister Simon Crean was reported as saying on Monday.
Australia's policy would not change, Crean told the Australian newspaper, despite the government's support for a weekend decision by the 45-nation Nuclear Supplier Group to lift a global ban on nuclear trade with India.
"Labor is committed to supplying uranium to only those countries party to the NPT. Australia will therefore not be supplying uranium to India while it is not a member of the NPT," Crean told the paper.
Australia is a member of the NSG. The group's one-off waiver paves the way for a controversial U.S.-Indian atomic energy deal, still to be ratified by the U.S. Congress.
Washington says the fuel and technology deal would forge a strategic partnership with the world's largest democracy, help India meet rising energy demand in an environmentally sound way and open a nuclear market worth billions of dollars.
Australia has 40 percent of the world's known uranium reserves, but has consistently rejected India's pleas to be allowed to buy the nuclear fuel.
Australia's Foreign Minister Stephen Smith will come under pressure to reverse the policy during a visit to India this week. Smith's visit also follows a weekend state election in Australia which could see more uranium mined. (Reporting by Rob Taylor, editing by Jonathan Standing)
Australia to keep India uranium sale ban - report | Markets | Reuters
