Jaitley says NPCIL may waive right to recourse in agreement with US firm
24 Sept 2013 5:13 AM IST
BJP on Sunday apprehended that state-run NPCIL would waive the right to recourse in a contract expected to be signed soon with US firm Westinghouse and said such a step would be contrary to provisions of the liability laws and compromise state revenue.
The remarks were made by BJP leader Arun Jaitley while commenting on Attorney General’s opinion where an operator of a nuclear plant can waive the right to recourse while signing a contract with nuclear part supplier.
‘The Government of India under pressure from the nuclear vendors wanted to eliminate the ‘right of recourse’... Any attempt now to permit the Nuclear Power Corporation of India (NPCIL) to abdicate the right given to an operator, a government company, would be compromising with state revenue’, Jaitley said.
‘It would be a contract contrary to provisions of section 17(b) of the (Nuclear Liability) Act,’ Jaitley said.
The remarks were made by BJP leader Arun Jaitley while commenting on Attorney General’s opinion where an operator of a nuclear plant can waive the right to recourse while signing a contract with nuclear part supplier.
‘The Government of India under pressure from the nuclear vendors wanted to eliminate the ‘right of recourse’... Any attempt now to permit the Nuclear Power Corporation of India (NPCIL) to abdicate the right given to an operator, a government company, would be compromising with state revenue’, Jaitley said.
‘It would be a contract contrary to provisions of section 17(b) of the (Nuclear Liability) Act,’ Jaitley said.
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