RE:Nuclear deal
by Ravi shankar on Jun 19, 2008 03:47 PM Permalink
The fact is - Nuclear energy is not likely to make any dent in our quest for energy at least in near future- its share is just about 5% of our total installed capacity and can raise to 20 % only after few decades that too if we are too earnest. This is at best. At worst the installation of new nuclear plants will move at snails pace to make this deal irrelevant.
But the deal will be helpful to end the nuclear isolation of India.
RE:Nuclear deal
by ASHOK on Jun 19, 2008 03:58 PM Permalink
US has more than 100 Nuclear Reactors currently running and producing electricity. They stopped building any further as Environmentalists made it impossible to build new ones.
same thing happened for Drilling oil wells in various US areas.
Result is increase in Crude oil as well as energy costs in US and the world over as India and China became new claimants to world energy pie.
India as well as China has no internal environmalists driven laws to stop use of nuclear energy use. So China has gone in for Nuclear energy in a sper big way. While india is being stopped by COmmies.
Currently US is planning to lift the self imposed ban. If it happens than all the worlds companies will be busy building new NUCLEAR as well as OIL capacities in US. That will raise the cost of having new projects in this area. China will be lauging its way to BANK and India will again be left behind as a POOR THIRD WORLD COUNTRY.
BUSH IS ALREADY TALKING ABOUT LIFTING BAN ON OIL DRILLING IN VARIOUS US RESTRICTED REGIONS> THE MOMENT IT IS LIFTED . INDIA WILL NOT GET DRILING SHIPS FOR NEXT 10 years.
ofcourse Mukesh Ambani would have gained as his gas project drilling is almost over.!!!
RE:Nuclear deal
by shashank oak on Jun 19, 2008 03:39 PM Permalink
Tarun, good question. they are selling a technology that has not been sold in the world for last 40 years. Hamari majboori hai ke we have to take it to get out of this nuclear apartheid.Remaining our politicians are responsible for this mess.they dont encourage our engineers to that extent they should.