Monday, May 10, 2010

Analyst: Indian bill would help entry of U.S. nuclear companies

Analyst: Indian bill would help entry of U.S. nuclear companies
A proposal introduced in the Indian Parliament on Friday would make nuclear operators liable for accidents and impose a $110 million limit on compensation claims. "This bill is crucial for American companies, which don't have sovereign backing, unlike their Russian and French counterparts," said Debashish Mishra, an analyst at PricewaterhouseCoopers. Bloomberg Businessweek

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