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US to build several nuclear reactors in India

Reporter: Jessica Stone 丨 CCTV.com

06-08-2016 12:34 BJT

Indian Prime Minister Narendra Modi has met with US President Barack Obama at the White House on Tuesday. It's the seventh meeting between the leaders in just two years. Both sides have announced some energy agreements.

India isn't just going green. It's going nuclear in a big way-announcing that U.S. company, Westinghouse will move forward on building six nuclear reactors in India.

The deal required some legal maneuvering to satisfy liability concerns.

"What we have come up with is an insurance product-primarily led by the India government - in which insurance companies can put money in a pool that suppliers can buy into that would absolve them or at least pay off claims that arise from some type of nuclear accident in the future," said Rick Rossow, senior fellow of Center for Strategic and International Studies.

Westinghouse and the Nuclear Power Corporation of India agreed to begin preliminary work right away in Andhra Pradesh-a state in southeastern India.

The AP-1000 reactors are among the world's safest and most reasonably priced, according to Westinghouse. China has commissioned four of them.

Switching to nuclear energy from fossil fuels will be key to meeting India's carbon reduction targets under the Paris climate agreement.

So will solar energy. Washington and New Delhi announced sixty million dollars in funding to help finance cleaner Indian energy.

Modi also secured US support for India's membership in the Nuclear Suppliers Group - which would allow India to sell nuclear technology. China and several other members oppose India's entry because it has not signed the nuclear non-proliferation treaty.

"I indicated our support for India becoming part of the nuclear suppliers group," said Obama.

"The help and support that my friend President Obama has extended is something that I will always cherish," said Modi.

Also on Tuesday, the Reuters News Agency reported that India has been allowed to join the missile. This is one of four anti-nuclear proliferation programs across the world. And it also means that India will be allowed to buy high-end missile technology.

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