There are lot of talks about 1 2 3 Agreement between India & USA and it almost led to the topple of Central Government. In this mail I am trying to explain the commercial & technical aspects relating to this Agreement which I have read and sharing with you. What is 123 Agreement? This is called 123 Agreement because this comes under USA's Atomic Power Act Section 123.Let's see how India's (Indians?) Sovereinty & Independence are pledged... (1) After this Agreement USA will supply all fuel, machinery / equipment & technology to India for producing Nuclear Power. (2) All these days from about 22 Nuclear Power Plants, India is producing power as well as Atom. It's a high security / secret that from where which is produced, how much is produced, where it is supplied, what research is being done with that, etc. to anybody. But if we sign this Agreement, we have to disclose these secrets and also agree to 14 of our Nuclear Power Plants to be under the scanner of International Atomic Power Organisation. (3) The fuel utilised to produce Atomic Power can be recycled for reuse and this plant will be under direct supervision of IAPO.
