Business Standard

Chain reaction starts in power policy

Image

Siddharth ZarabiUtpal Bhaskar New Delhi
Chain reaction starts in power policy
Siddharth Zarabi & Utpal Bhaskar / New Delhi March 09, 2006
Panel moots a change in the existing legal and policy framework.

Preparing the ground for private sector participation in nuclear power generation, the Energy Coordination Committee chaired by Prime Minister Manmohan Singh has mooted a change in the existing legal and policy framework.

The suggestion is based on the view that a strong nuclear power production base will help in providing stability to energy pricing.

The high-powered committee has observed that there are several examples the world over of private sector involvement in nuclear power generation and there is no apparent reason as to why India should not do the same.

At the moment, atomic energy is exclusively reserved for the Centre by the Constitution. Appendix-III of the Industrial Licensing Policy reserves this strategic utility for the public sector.


Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 09 2006 | 12:43 AM IST

Explore News