India is “close to” clinching the commercial aspect of its civil nuclear deal with the US and is addressing the concerns of US suppliers over its nuclear liability law, National Security Adviser (NSA) Shivshankar Menon said on Friday.
Menon, asked if India was close to clinching the commercial negotiations between the Nuclear Power Corporation (NPCIL) and Westinghouse for setting up nuclear power reactors in India, said: “We are close, yes.”
But he did not specify if the negotiations that have been going on for long would be concluded ahead of Prime Minister Manmohan Singh’s visit to the US next week.
To a question on nuclear liability law that puts the onus on suppliers in the case of an accident, Menon said in the matter of the civil liability law, it was not just the US but also domestic suppliers who had been asking questions on how the law would affect them.
“And they need to know, in order to do business. We are in the process of addressing those concerns,” Menon said, during a talk on “India and the US” organised by the Aspen Institute India at the WWF auditorium.