INDOUS-NUCLEAR 2LST

Previously, US had extended such reprocessing consent
only to the European Union (EURATOM) and Japan.
"The Civil Nuclear Cooperation Initiative has facilitated
significant new commercial opportunities across India’s
multi-billion dollar nuclear energy market, including the
designation of two nuclear reactor park sites for US
technology in the states of Andhra Pradesh and Gujarat," the
State Department said.
"Increased civil nuclear trade with India will create
thousands of new jobs for the US economy while helping India
to meet its rising energy needs in an environmentally
responsible way by reducing the growth of carbon emissions,"
it said.
"These Arrangements and Procedures are pursuant to
Article 6 (iii) of the 123 Agreement and an important
component of our bilateral civil nuclear cooperation," said
the Indian Ambassador.
Shankar said India has an ambitious programme for
development of civil nuclear energy to meet its growing energy
needs.
The target is to increase our installed capacity more
than seven fold to 35000 MWe by the year 2022, and to 60,000
MWe by 2032.
Observing that international cooperation, including
cooperation with US firms, is an important component of this
plan, the Ambassador said the agreement will facilitate the
participation of US companies in India’s rapidly expanding
nuclear energy sector.
India has already designated two sites for nuclear power
plants to be established in cooperation with the US and the
companies of the two countries are now engaged in discussions.
PTI LKJ
MYR