Nuclear Issues

4 Items

Nuclear reactors

AFP/LiveMint

Analysis & Opinions - Live Mint

India-US ties after the Westinghouse setback

| Apr. 10, 2017

Nuclear energy powerhouse Westinghouse Electric Co. filed for Chapter 11 bankruptcy on 29 March, with its parent company Toshiba writing off more than $6 billion in losses connected to its US businesses. Westinghouse was engaged in negotiations to build six AP1000 nuclear reactors in India as part of the landmark US-India civilian nuclear agreement. The bankruptcy filing raises fresh questions, not just about the fate of the reactors, but also about the future of the nuclear deal.

 

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Magazine Article - Forbes

What Lifting Iran Sanctions Means For India

| January 28, 2016

The United Nations’ nuclear watchdog has certified Tehran’s compliance with the terms of a nuclear accord the United States, Iran and other world powers reached in April 2015. The historic agreement is aimed at curtailing Iran’s controversial nuclear program, and paves the way for longstanding sanctions against Tehran to be lifted. Sanctions targeting Iran, and particularly its lucrative energy sector, have crippled the country economically and isolated it diplomatically.

Ronak Desai examines what the lifting of Iran sanctions mean for India.