The US Government is taking necessary steps to remove restrictions on Indian nuclear entities to deepen energy ties with India and reinforce a two-decade-old nuclear deal.
The initiative reflects a strategic partnership and a shared commitment to peaceful nuclear cooperation.
US National Security Advisor Jake Sullivan said: “The US is now finalising the necessary steps to remove long-standing regulations that have prevented civil nuclear cooperation between India’s leading nuclear entities and US companies.”
Since the mid-2000s, the US and India have been in discussions regarding the supply of US nuclear reactors to meet India’s growing energy demands.
A pivotal agreement signed in 2007 by then-President George W Bush enabled the US to sell civilian nuclear technology to India. However, aligning Indian liability laws with international standards has been a persistent challenge.
These standards mandate that the operator, not the manufacturer, of a nuclear power plant should bear the cost of any accidents.
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By GlobalDataDetails on the regulatory changes are currently undisclosed, with officials from both the US and India withholding further information.
The US had imposed restrictions on more than 200 Indian entities following India’s nuclear weapons tests in 1998, reported Reuters. Over time, as bilateral relations have improved, many entities have been removed from this list, an Indian official noted under the condition of anonymity.
The current list from the US Department of Commerce still includes at least four entities from India’s Department of Atomic Energy, alongside various Indian nuclear reactors and power plants.
India’s stringent nuclear compensation laws have previously impeded deals with international power plant manufacturers, causing the country to postpone its goal of adding 20GW of nuclear power capacity from 2020 to 2030.
In 2019, an agreement was reached between India and the US to construct six US nuclear power plants in India.
