Imported uranium and nuclear reactors will be cheap and cost-effective.
Even if the nuclear deal is made operational, the actual sale of uranium and nuclear reactors will be governed by market forces – there are no guarantees of cheap or competitive nuclear power . To the contrary, there is every reason to believe that it will be expensive.The cost of uranium in the international market has gone up four-fold in the last few years, and will rise further with further demand. The same is true of the cost of steel and other materials used in a reactor. Manpower costs are much higher in the West. The example of the Dhabol power plant has already shown us that importing power plants from the West is not necessarily a viable option. We would do well to learn from that experience.
