India may have to look abroad for N-cover


  • India may have to look abroad for N-cover

    MUMBAI: Domestic insurers have said they can insure only a fourth of the $320 million liability cover mandated by the government for nuclear plant operators. This is compelling General Insurance Corporation to push for purchase of cover from international markets which will require opening up reactors to inspection.

    webmasters comment:

    1. India agreed to 5 year warranty only on the newly build nuclear power plants
    2. How far does $320 million go with a raging meltdown?
    3. Privatization of india's nuclear power while at the same time we had reports about police shooting anti-nuclear protesters. Thats nuclear-corporate-fascism by definition. Integration of capital & politics, mandated and driven by the nuclear industry.

    Source: timesofindia.indiatimes.com