US Lifts Restrictions on Three Indian Nuclear Entities
POWER & RENEWABLE ENERGY

US Lifts Restrictions on Three Indian Nuclear Entities

In a major development, the United States has removed restrictions on three key Indian nuclear entities: Bhabha Atomic Research Centre (BARC), Indira Gandhi Atomic Research Centre (IGCAR), and Indian Rare Earths (IRE), according to the US Bureau of Industry and Security (BIS).

This decision follows an announcement by US National Security Advisor Jake Sullivan, who recently stated that the US would ease barriers to facilitate civil nuclear partnerships between Indian and American firms.

The move, seen as a step towards implementing the India-US civil nuclear agreement signed 16 years ago, aligns with the shared energy security goals of both nations. BIS emphasised that the removal of these entities will foster cooperation in advanced energy research, critical minerals, and clean energy supply chains.

The landmark civil nuclear agreement, initiated in 2005 during talks between then Prime Minister Manmohan Singh and US President George W. Bush, has faced delays in full implementation. The Biden administration has now taken decisive steps to realize this vision, with Sullivan calling it a ""next major step"" in strengthening the India-US strategic partnership.

The removal of these restrictions is expected to enhance joint research, technology collaboration, and energy security efforts between the two nations.

[ET]

In a major development, the United States has removed restrictions on three key Indian nuclear entities: Bhabha Atomic Research Centre (BARC), Indira Gandhi Atomic Research Centre (IGCAR), and Indian Rare Earths (IRE), according to the US Bureau of Industry and Security (BIS).This decision follows an announcement by US National Security Advisor Jake Sullivan, who recently stated that the US would ease barriers to facilitate civil nuclear partnerships between Indian and American firms.The move, seen as a step towards implementing the India-US civil nuclear agreement signed 16 years ago, aligns with the shared energy security goals of both nations. BIS emphasised that the removal of these entities will foster cooperation in advanced energy research, critical minerals, and clean energy supply chains.The landmark civil nuclear agreement, initiated in 2005 during talks between then Prime Minister Manmohan Singh and US President George W. Bush, has faced delays in full implementation. The Biden administration has now taken decisive steps to realize this vision, with Sullivan calling it a next major step in strengthening the India-US strategic partnership.The removal of these restrictions is expected to enhance joint research, technology collaboration, and energy security efforts between the two nations.[ET]

Next Story
Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Next Story
Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Next Story
Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?