India's Nuclear Ambitions Boosted With Global Liability Pact
- Government calls it 'conclusive step' for liability issue
- CSC liability treaty will take effect in India on May 4
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India’s decision to join a global treaty on nuclear accident liability may help it woo reactor suppliers, including Westinghouse Electric Co. and General Electric Co., that have been reluctant to sell technology to the nation.
The country ratified the Convention on Supplementary Compensation for Nuclear Damage, also known as CSC, the International Atomic Energy Agency said on Thursday. India’s current law allows operators to hold suppliers responsible for accidents, making international equipment makers hesitant to sign deals as the nation seeks to expand nuclear power capacity more than 10-fold by 2032.