Forty domestic companies, including the Videocon group, Jindal Power and Tata Power, have set up a committee to convince the central government to allow private participation in generation of civilian nuclear energy. This comes in the wake of India getting a waiver from the 45-member Nuclear Suppliers Group (NSG) to carry out trade in nuclear products and technologies. However, Indian laws do not allow private companies to generate nuclear power.
The group is looking at an amendment in the law, the Atomic Energy Commission Act, which mandates only Nuclear Power Corporation of India Ltd (NPCIL) to generate power from nuclear fuels. The manufacturing sector, which has the highest weight in the Index of Industrial Production (IIP), has been growing at a slow pace of 6.6-8.8 per cent during the past five years. The share of manufacturing in the industry sector went down to 15.5 per cent last year from about 18 per cent in 1995-96
The group is looking at an amendment in the law, the Atomic Energy Commission Act, which mandates only Nuclear Power Corporation of India Ltd (NPCIL) to generate power from nuclear fuels. The manufacturing sector, which has the highest weight in the Index of Industrial Production (IIP), has been growing at a slow pace of 6.6-8.8 per cent during the past five years. The share of manufacturing in the industry sector went down to 15.5 per cent last year from about 18 per cent in 1995-96
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