Nuclear Energy in India & Foreign Investment 13th July, 2012
The 123 Agreement between India and United States of America have put an end to technology denial regimes against India that have been in place for three decades and have ended India’s nuclear isolation. It has opened the doors for India to have civil nuclear cooperation as an equal partner with the USA and the rest of the world. The Agreement has been a major contributor to our energy security. At present nuclear energy production share is only about 3%. While our domestic three stage programme continues, using our own uranium resources, this Agreement, by adding additional capacity quickly, would help us to reach targets soon.