Winners Of The Nuclear Deal

The chances of the 123 Agreement being signed by the both parties are now a foregone conclusion. The crux of the deal is that, India would open up 14 of its reactors to regular IAEA inspection, in return of which it would get to import civilian nuclear technology from US and buy nuclear fuel for its civilian reactors from the 45-member Nuclear Suppliers Group (NSG). In a growing country like India there is tremendous demand for power. India plans to up its nuclear energy production to 40000 megawatts by 2020. To attain this India would commission 30 m

This article was originally published on August 22, 2008.