Source: The Mint The Australia-India uranium trade agreement, which could be worth up to $1.75 billion, is one step closer to being finalized. The Australian treaties committee cautiously supported the deal, as long as a list of safety regulations are met. The committee recommended that no sale take place until the nuclear safety regulations are met and security
Category Archives: India & Energy Security
New Delhi: After a record production this year, India is working on creating a ‘strategic uranium reserve’ to ensure its atomic power reactors do not face shortage of the crucial nuclear fuel. “The reserve pool could be anywhere between 5000 MT to 15,000 MT which can last for 5-10 years,” said a senior government official.