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Global nuclear majors eye India; sector may be opened up now

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    Planning Commission deputy chairman Montek Singh Ahluwalia said that entry of private sector requires amendments to the Atomic Energy Act of 1962. The Indian government would wait for US president George Bush to first get the deal approved by Congress before it considers changes in the Act, he said.

    What changes

    Allows the flow of nuclear fuel, helping the country’s nuclear programme grow faster.

    Opens up trade for global players to export reactors to India

    Would give Indian companies the opportunity for export

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