Tuesday, October 16, 2007

A clean power

‘Nuke deal has come at the most opportune time’

Chennai, Oct. 11 The Indo-US nuclear deal is the only way to increase the share of nuclear power in the total electricity generation in the country, says Dr R. Kalidas, former Chief Executive of NFC (Nuclear Fuel Complex), Hyderabad.
“I also strongly feel the deal will be good for many companies in the country. Once the gates for nuclear trade open, many foreign companies will come in with their merchandise,” he adds, in a recent e-mail interaction with Business Line.

“This will increase competition for Indian firms. Even NFC, the only manufacturing unit in India for nuclear fuel and many hardware items, may not be spared from competition.”
Dr Kalidas is of the view that NPCIL (Nuclear Power Corporation of India Ltd), the public sector undertaking that spearheads India’s nuclear power programme, may then look for other suppliers.

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