Collapse of US India nuclear deal worries India's nuclear companies Free

Bloomberg: India may be forced to slash its target for new nuclear power stations as the US-India nuclear technology accord falters, prolonging electricity shortages that are constraining economic growth.

``Time is slipping out of our hands,'' Shreyans Kumar Jain, chairman of the Nuclear Power Corp. of India Ltd., said in an interview in Mumbai yesterday. India's plan to add 25,000 megawatts before 2020 by importing reactors and fuel will be delayed by two decades if the nation has to rely on indigenous designs, he said.

[From Bloomberg.com: Asia ]