‘Indo-US N-deal implementation will take 2 yrs’

Finalising the business model with NPCIL by the US vendors is going to be the most "time consuming" effort, a top nuclear business expert said.

Last Updated: Sep 27, 2011, 15:13 PM IST

Mumbai: The ground-level implementation of
the Indo-US civil nuclear deal will take at least two years
since finalising the business model with the Nuclear Power
Corporation of India Ltd (NPCIL) by the US vendors is going to
be the most "time consuming" effort, a top nuclear business
expert said here on Tuesday.

"Most time consuming effort in the entire deal is to work
out the business model that will end up with a tariff rate in
rupees per kilowatt-hour which is acceptable to the Nuclear
Power Corporation of India Limited," Director of Government
Programmes of a global energy company USEC Inc, Vijay Sazawal
said.

"This model is so different and will take at least two to
two-and-a-half years to work out," he said.

Referring to the modalities involved, Sazawal said, "This
particular track is the one that US vendors are most
unfamiliar with and may end up to be the most critical path in
the execution of final contract between American Nuclear
Suppliers and the NPCIL".

Sazawal is also a member of the Civil Nuclear Trade
Advisory Committee of the US Government and is closely
involved as the expert on the subject matter in the US-India
Business Council.

"I hope that US vendors and Indian utility (NPCIL) will
come to a successful closure because of all the investment
that went into the signing of the US-India Civil Nuclear
cooperation deal," he said.

Observing that the Indo-US nuclear deal is a continuous
and multi-dimensional effort at the government-to-government
level, Sazawal said the respective governments are trying to
exchange ideas and projects regarding safety, improvements in
technology and other areas of common interests.

PTI