(Representative image)New Delhi: A bill seeking to fast-track nuclear power projects is likely to be introduced in the Winter Session of Parliament.
The Union Cabinet had last month approved amendments to the Atomic Energy Act to enable Nuclear Power Corporation of India Ltd (NPCIL) to enter into join ventures with other public sector undertakings (PSUs).
The move will help secure funds for big ticket projects.
Concern over lack of financial resources has been raised by the Department of Atomic Energy (DAE) frequently. The amendment will enable NPCIL, which is one of the PSUs under the DAE, to enter into joint ventures with other government undertakings.
However, sources said, the Nuclear Safety Regulatory Authority (NSRA) Bill may not be presented before Parliament even in this session. The NSRA Bill will seek to create a more independent authority, replacing the Atomic Energy Regulatory Board (AERB)---the atomic energy sector watchdog.
The Bill, first introduced in the Lok Sabha in 2011, has lapsed and will have to be reintroduced.
(With agency inputs)
Disclaimer
The comments posted here/below/in the given space are not on behalf of Manorama. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.