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« International forum on nuclear energy opens in Moscow | Main | Approximately 33.1% of the shares of the stock are sold »
Thursday
Jun052014

Government must review India's nuclear energy policy 

By: R Rajaraman

The new government must review India's nuclear energy policy. It is also a major issue in financial terms. Building a nuclear capacity of about 50,000 MW in the next 15 years will cost $150-200 billion. But the momentum generated on the nuclear front during UPA-I rule has been steadily dissipating since then. 
UPA-I saw the successful negotiation of the hard-fought Indo-US nuclear deal and consequent lifting of nuclear sanctions against India. .. 

There was a rapid movement towards this goal soon after the deal was signed. Significant quantities of uranium were imported and initial understanding was reached with reactor builders in Russia, the US and France to build six reactors each. However, subsequently, plans for buying foreign-built reactors started running into obstacles and, now, progress has slowed to a crawl. 
There was a rapid movement towards this goal soon after the deal was signed. Significant quantities of uranium were imported and initial understanding was reached with reactor builders in Russia, the US and France to build six reactors each. However, subsequently, plans for buying foreign-built reactors started running into obstacles and, now, progress has slowed to a crawl. 


Source click here.

 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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