Obama Visit to Ignite India’s Nuclear Accident Liability Debate
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It’s a $182 billion question for India with no easy answer.
That’s the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi’s pledge to provide around-the-clock electricity, and end the nation’s blackout curse. With President Barack Obama set to visit India next week, officials and business leaders from both nations are meeting in London to discuss a legal obstacle that’s deterring new projects: Accident liability.