Russia to build Venezuela's first nuclear plant: accord

by Staff Writers
Moscow (AFP) Oct 15, 2010
Russia and Venezuela signed on Friday an agreement during a visit by President Hugo Chavez to Moscow for Russia to build and operate Venezuela's first nuclear power plant, television pictures showed.

The agreement was signed by the head of Russia's atomic energy agency Sergei Kiriyenko at a ceremony in the Kremlin with Chavez and President Dmitry Medvedev.

Further details were not given about the timing or cost of the construction of the station but the accord builds on a plan agreed by Prime Minister Vladimir Putin with Chavez during a visit to Caracas in April this year.

"Why should Venezuela not have a nuclear power station? This gives an independence, including in times when there is a fall in the price of oil," Medvedev said at a news conference with the leader of the fellow top oil producer.

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India to adjust nuclear power bill
New Delhi (UPI) Oct 13, 2010
India is drafting new regulations for its civilian nuclear liability bill, with the hopes of securing deals with U.S. nuclear suppliers ahead of U.S. President Barack Obama's visit to India next month, an Indian official said. The bill, passed in late August, limits nuclear reactor operator liability following an atomic disaster to about $320 million and allows lawsuits against supplier ... read more

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