Does anyone remember the Enron vs. Maharashtra episode? Enron built power plant but the cost was prohibitive and so the state government refused to pay the company.
One selling point of the treaty is that India's power sector will get US nuclear power generation technology and our dependence on foreign oil and gas will diminish as a result. Has the government disclosed anything about how many plants it plans to build, what will be the total capacity and how much it will cost?
US technology is expensive in general and this is especially true for nuclear power generation. This is why Americans are decommissioning nuclear power plants in their own country. Indian public ought to have answer for all these questions.
RE:People do not remeber
by Subhasish Ghosh on Aug 22, 2007 01:07 AM Permalink
US is reconsidering building power plants after India's example. http://64.233.169.104/search?q=cache:Ni9SDNxnuscJ:www.fas.org/sgp/crs/misc/RL33442.pdf US nuclear power proposals&hl=en&ct=clnk&cd=1&gl=us
RE:RE:People do not remeber
by hiral joshi on Aug 22, 2007 10:18 AM Permalink
Thanks for the link. Its a good article to know about technicalities of the economics of Nuclear power generation. The link you provided directs to a pdf file (http://www.fas.org/sgp/crs/misc/RL33442.pdf) on which Check the page 18: you'll find this; "Under base case conditions, it seems unlikely that a new nuclear power plant would be constructed in the United States, barring a sustained, long-term increase in natural gas prices and the creation of a substantial, mandatory greenhouse gas reduction program that would increase coal-fired and natural gas-fired generating costs." So it is clear that Nuclear power is expensive comparatively.
