Liability rss

India joins nuclear liability convention

Nuclear Policies

05 February 2016

India_CSC_ratification_(IAEA-Calma)_48India yesterday deposited its instrument of ratification of the Convention on Supplementary Compensation for Nuclear Damage with the International Atomic Energy Agency.

Switzerland revises nuclear liability law

Nuclear Policies

30 March 2015

Switzerland's government has adopted a total revision of the federal ordinance on civil nuclear liability. The ordinance governs the enforcement of the country's new civil nuclear liability law, which was passed by parliament in 2008 but has yet to come into force.

South Korea increases nuclear liability

Nuclear Policies

12 December 2014

South Korea's nuclear power operator Korea Hydro and Nuclear Power will need to take out over $2 billion-worth of insurance after nuclear regulators announced a ten-fold increase in the liability limit in the event of a nuclear accident.

India charts progress with overseas partners

New Nuclear

05 January 2016

Commercial negotiations between Nuclear Power Corporation of India Ltd and Westinghouse on the construction of six AP1000 units at Mithi Virdi in India are on course to be finalized in 2016, the Indian cabinet has said. Separately, Prime Minister Narendra Modi and Russian President Vladimir Putin have welcomed progress towards identifying a new site for VVERs in India.

Deal close for Indian reactor imports

Nuclear Policies

26 January 2015

India and America are close to a deal that would resolve liability issues and enable the long-awaited import of US-built reactors. Other nations, too, stand to benefit from India's plan to import up to 26 large nuclear reactors.

Sogaz insures Russia's nuclear power plants

Corporate

29 April 2014

Smolensk 48Russian insurance group Sogaz has again won the annual tender to provide property insurance to all of the country's nuclear power plants. It is also to insure the construction of Russia's first floating nuclear power plant.