India plans to construct about 60 nuclear reactors and has been in talks with Westinghouse Electric Co LLC, GE as well as France's Areva
India's stubbornness on nuclear liability seems to have the purpose of punishing foreign vendors rather than achieving a pragmatic system.
The landmark India-US civil nuclear stalled over India's 2010 nuclear liability law is finally moving forward with the Nuclear Power Corporation of India Ltd (NPCIL) and the Westinghouse Electric Company signing a preliminary commercial contract.
India is making a last-minute push to close a nuclear deal in time for a meeting between US President Barack Obama and Prime Minister Manmohan Singh, who has made atomic energy cooperation with Washington a hallmark of his tenure.<br /><br />
The US administration isn't entirely happy with Indian concessions limiting the liability of nuclear equipment suppliers in the event of accidents. More hard bargaining lies ahead.
The issue came up during the meeting between Singh and Obama against the backdrop of apprehensions among US firms that Indian liability laws were not supplier friendly.