'Indian firms to be hit hard by N-liability provisions'

[Sidhu...Sidhaarth Roy]

Mumbai, Dec 5: Former Atomic Energy Commission Chairman Anil Kakodkar today said the domestic nuclear industry will be hit hard in the longer run due to certain provisions of the nuclear liability law, which also has French, Russian and US companies worried.

However, Kakodkar feels that the Civil Liability for Nuclear Damage law, passed after much debate in Parliament in August, is soft on foreign prime vendors.

"Now that Act has been passed in our Parliament, every one has to accept it and move forward but at the same time the language in clause 17(b) is likely to be hard on Indian entities and soft on foreign prime vendors," he told