Russian, US leaders vie to circumvent India's nuclear power corporate liability law

[Emily]

Too bad since responsibility = safety to a significant degree.

http://www.livemint.com/2011/12/07232708/India-Russia-in-talks-on-JV-t.html

India, Russia in talks on JV to circumvent NSG restrictions
The deal envisages setting up a joint venture company that will be based in Russia
Elizabeth Roche
[snip]
On cooperation in civil nuclear energy, Kadakin said he hoped the nuclear liability law passed by the Indian Parliament last year would not impede India-Russia collaboration.

Russia is already constructing two 1,000 megawatts capacity power plants in Kudankulam in Tamil Nadu and plans to add as many as six more units under the same project.

While the two units under construction are exempt from the provisions of the liability law as the agreement under which they are being constructed was signed in 1998, Kadakin said he hoped units three and four?the deal for which was signed recently? would also be exempt from the provisions of the law...

http://www.bbc.co.uk/news/world-asia-15786923

17 November 2011 Last updated at 23:35 ET
Obama meets Indian PM Manmohan Singh at summit

Indian PM Manmohan Singh and US President Barack Obama have met on the sidelines of the Association of Southeast Asian Nations (Asean) summit.

This is the first meeting between the two leaders since Mr Obama visited India a year ago.

Mr Singh said India had "gone some way" to respond to concerns of US companies with its nuclear liability law.

The US agreed a landmark energy deal with India in 2008, but since then US private firms have struggled.

The US sees India's new nuclear liability law as too tough on nuclear plant suppliers, which has made it hard for US firms to compete with their state-owned French and Russian competitors....