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RE:Energy and food in future
by tka on Jul 21, 2008 03:18 PM

VB,
let us evaluate the deal on its merits and you will realize that the deal in the current form is not at all good for us.
- After all the hoopla, nuclear energy will only constitute about 6-7% of indias generation that too in 2020 and later. We are already at 2.5%
- India's indegionous thorium breeder is likely to be on by 2010 and another couple of years by when we could probably commercialize eenrgy production. Worst case it will get done by 2017/18.
- U.S. itself has not set up any nuclear plant in the last 35 years. Its focus is solar, wind, etc. India is among the best regions in the world to harness solar and wind kind of sources and by 2020 it certainly will be commercially viable.
- India's electricity generation does not depend on the $140 oil you are quoting, our electricity is coal based. We only import oil for petroleum products.
- We are putting our civil nuclear reactors on safeguards in perpetuity, while china can anytime withdraw and submit.
- You point about other countries agreeing to supply when U.S. puts sanctions is very risky. Diplomatic pressure will ensure that the situation is very uncertain and we may be without supplies for years while our tax money spent on acquiring plant and technology rot.
I am not a BJP or congress supporter but in the current form the deal is not beneficial. We need to further debate, build consensus & change clauses to protect our Interests

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