Ad Here  
Measuring roof tops in terms of KW/MW Come elections, come advertisements... IPL - no surprise this scam Paytm karo... Solar thermal shines… Building loyalty through the stomach Cleaning Ganga – relocate tanneries and install electric crematoria IAS invades NDDB... PPP mode for upgrading Corporation Hospitals The Ports’ Pasha expands into Tamil Nadu Modi storms Silicon Valley Breaththrough in malaria control L&T: focus on infrastructure and more infrastructure… Adharma of opposition politics Funding the un-funded Padma Bhushan for A Ramakrishna Naidu’s return augurs well for Seemandhra Shaming of Tamils by Tamil farmers at Delhi Tribute Fortune for Indian Airlines TN-leverage strength of BHEL, NLC... Quality education through the PPP mode An informal presentation - analytical, forward locking... Sweeter prospects for sugar A more liberated TN… Boy, can you beat these? Waning interest in public discussions… Welcome thrust on trade in Modi’s foreign visits... Noble nonagenarians... Russi Mody – a tribute TELANGANA at last…BUT More tributes to GR Road development slows down Small units prefers to remain small... Online not in line with brick and mortar businesses... Telangana in top gear… TIAM turns a full cycle S V Raju – a ‘good’ true liberal Delhi returns to BJP Shanti and Sadhana through Music Plummeting profits of PSBs Increasing non co-operation of state leaders Put expensive assets created to use... China invests in India Welcome focus on core competence Demise of a media baron... Of course, Gujarat is vibrant GM Technology at last! The Gulf aviation boom CSR and CMI: promise of another Srinivasan Ramanujan... to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Nuclear power at the nucleus Tough task taking states together A think tank for Chennai Maximising the micro pricing … Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai CIPET hqrs to stay at Guindy – for the present? MHC should not return to its old indisciplined ways ONGC at KG Basin The few handicaps... Sweet news for TN sugar mills Streamlining mandatory third party cover Valli, they are more marginalised Rs.1600 crore paper board plant of TNPL Auto components surge… Delhi is distant… Lalu’s envy, India’s pride A welcome initiative by the judiciary Sri Lanka votes for change The brown list of Venkitaramanan Kulandai was a giant Making ‘my Amaravati’... The rise and rise of KCP Discoms deserve better… Recognition to role of NBFCs.... Marketing expert Balagopal is no more Insurance companies bleeding, yet no decision on increasing FDI limit! Reliance’s TV – 18 ready to launch Tamil News Channel Pharma – overdose of copying He saved millions from starvation... Delhi is distant Godspeed, Chief Minister JJ Moily’s bold thrust Why this malaise in medical education? Poor quality of university VCs CII projects higher growth… Medical costs hit the roof... For whom the MIDS bell tolls? Polls and promises Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated A C Muthiah – his munificent bequeaths to science Banning booze... Gas is the way forward The star of Spencers is no more Where is Rajaji? Infrastructure funding – lessons learnt Revive development banks... L&T- the specialty of special purpose vehicles Alexa – Talking Wikipedia Limit foreign borrowings to hi-tech, export potential projects... IPL type auction for VCs? All eyes on Sankara Nethralaya No mega rail project for Tamil Nadu F C Kohli - his concerns all embracing Which side are you, Montek? An inexplicable neglect Return to king coal for urea... Mu Sigma – is no more Delhi Chalo... West Bengal: mindless malignancy Silver Years of Madras Musings When small is no larger beautiful.. EVM is tamper-proof Wise Presidents Editor's Says Modi and the lady The nuclear option …and of a popular trade leader Build close rapport with business leaders There was flood of milk. Reason: no milk commissioner! Airlines in India: cost and space A Grand Finale for SN’s MS centenary at the US… Secularism and anti-Hinduism When Ratan Tata visited SRM Should we change the official year? Naidu will soon build a new Hyderabad TN accounts for the largest recruits by the IT sector Computation of GDP – conundrums continue Music happens Eternal support for capitalisation of PS banks Editor's Notes SoA @ 80 No Maha Koottani in TN... Things happen by accident and not by design... R Sridhar steps down as CEO of Shriram Capital Diamond jubilee of Egmore Samskrt School Like Hinduism: many paths to reach God... Quality silica from Neyveli London, London Narayan How Air-India loses customs... Solar, solar everywhere … A glass full of corruption The balancing act Land reclamation from sea appears cheaper! Focus on quality of power - its only around 170-180V The sea- saw battle continues... Vibrant Gujarat Tatas moving out of urea production... Not just in-laws (and outlaws); they’ve renowned academics at the helm! He continues the focus on social amelioration The why of tax incentives Fortune 500 review A friendly business group Cement prices continue to rise… Remembering Indira Sivasailam... Multi-faceted Venkat This scant respect for Law Air Asia India will set new benchmarks for budget travel Fall in crude prices help in oil sector reform Shipping woes of Chennai companies A professional at the helm of IRDA... Shale gas and its shallow future Gay abandon in pricing Bihar – Nitish Kumar adopts the Lalu model For whom the bell tolls? A Grand Finale for SN’s MS centenary at the US… Kudos to NDTV... CRS, a jewel among managers, is no more. Lesson from Chandrababu Naidu Five star activism stalls development activity EEC at the National Media Centre Scientists urged to take up farmer-oriented research Readers' Mail Towards speedy justice Permanent secretariat for TN GIM A rich pool of talent not utilised…. Intellectual of rare qualities Dr C Rangarajan returns to Chennai No engine for this car Another Indian music maestro at the UN Tribute – M V Murugappan Haul over the coal WTO Meet: resolved to meet again Align crops to agro climate endowments… Tax agriculture The Jan Dhan bonanza Inflation: are we emulating Argentina and Brazil? The ‘Jayanthi Tax.’ Protest masters... Tribute – Manikam Ramaswami Why land prices zoom in TN? Don’t seem to feel the pulse… Parliament in paralysis... When online building permits work…. Excel Generators provide the vital back-up Rahman at CIC Roaring Ro-Ro facility Whistle-Stop Tour of Raghuram Rajan More Shakti to resource mobilisation... Adapt Vajpayee dinner diplomacy S Ramanathan – a versatile musician, musicologist Robber barons everywhere Tribute – UCAL Selvan… More Shakthi to Das’ elbow When nations steal growth from one another… Preserving for the future Bihar elections - the Rajaji formula worked Cutting the nose to spite the face Colour-Chem’s colourful KRVS Odisha: spectacular win by Naveen Patnaik Convulsions in The Hindu When the President was rendered homeless… The Swadeshi Trump Contrarian cousins Tihar, Puzhal not different from Parappana Agrahara An enemy’s enemy is a friend Liberal imports idling indigenous capacities More heat than light Engineering seats go abegging Kinetic Karnataka PC’s preference for professionals The rise and fall of Annamalai University Mersal magnified The power-full Hindujas Welcome changes that testify to Jayalalithaa’s return to health When TN politicians can emulate Kerala's Welcome GST The ‘Ayyo-yes’ is no more TN – agglomerate land holdings without alienating ownership A proud Madrasi Muffled voices for merit… B H Kothari - a tribute Make standards certification mandatory... A yen for wastage… Where a state respects its litterateurs… Strengthen the base... Tatas moving out of urea production... Revving up the manufacturing sector Poor representation for Kerala and TN in Cabinet TGS- The king storyteller GNS - 100: our first subscriber New IT products of Ramco in the pipeline… Fuel for thought Wanted: a second airport for Chennai
Nuclear power at the nucleus

Among the significant achievements of Dr Manmohan Singh was his signing a nuclear power development deal with US President George Bush. I covered the meeting and was quite impressed with the spate of deals including co-operation in agriculture and higher education. Sadly, the Communist Party(Marxist) which was part of UPA I coalition, effectively blocked progress in these. Dr Singh risked his all and succeeded in passing the bill relating  the nuclear deal. However, sadly, the pulls and pressures of coalition, succession of scams and protests by sundry groups stalled any worthwhile progress. The failure of the UPA government to convince states, including Maharashtra ruled by the Congress-NCP, was costly. 
Luckily, after BJP returned to power with a majority of its own in the Lok Sabha, the imperative to build power capacity in quick time and the belief of the new government in nuclear power have helped get the focus again on this issue. Narendra Modi has been pursuing this with vigour. He took up the matter in his visits to Australia, Japan, France and Canada which have strong capabilities in this technology. In a recent visit to India, foreign minister Julie Bishop of Australia  indicated positive signs on uranium supplies. In France, Modi worked to activate the Jaitapur Nuclear Plant in Maharashtra. Canada has agreed on setting up a nuclear power plant with assured supply of uranium for five years.  Russia agreeing to add 2 x 1000 MW sets at Koodankulam is another  welcome augury. Earlier during the visit of US President Obama in January 2015 Modi had worked on progress on this subject. 
Such persistent efforts show the promise of giving a big push to the development of clean nuclear power. For decades, India has been dreaming of creating large capacity in this sector. The approach of the NDA II government has been pragmatic and seeks to address the concerns on liability. The offer to provide for insurance cover seems to have worked well. The consistent efforts may see handsome investments and large additions to power capacity over the next 5-10 years. Congress should take comfort over the bold initiative of Manmohan Singh a decade ago and should extend unstinted cooperation. 
Power Minister Piyush Goyal has been working on a multi-pronged approach: clearing several thermal projects that had got stuck on coal linkages and environmental issues and in opting to go for more ultra-mega power projects. However, several power utilities in states like TANGEDCO in Tamil Nadu are reeling under huge debts. Their plight needs to be addressed by imaginative plans to write off a good portion of these to re-rail them on profitable course. 
With the not-so-healthy financial position of the states, electricity generation companies cannot expect much budget support from the respective governments. 

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236