India clinches agreement for Australian uranium supply
- MELBOURNE: Indian Prime Minister Narendra Modi said he clinched a uranium supply agreement while visiting Australia on Thursday (Jul 9), securing a fuel source that will play a crucial role in his nation's nuclear energy ambitions.
- Faced with an almost-insatiable appetite for electricity in the world's most populous nation, Modi has outlined plans to substantially scale up nuclear power generation in the coming years.
- Australia lays claim to around 28 per cent of the world's uranium resource, but legal hurdles and political sensitivities have hindered exports to India.
Confirmed
- MELBOURNE: Indian Prime Minister Narendra Modi said he clinched a uranium supply agreement while visiting Australia on Thursday (Jul 9), securing a fuel source that will play a crucial role in his nation's nuclear energy ambitions.
- Faced with an almost-insatiable appetite for electricity in the world's most populous nation, Modi has outlined plans to substantially scale up nuclear power generation in the coming years.
- Australia lays claim to around 28 per cent of the world's uranium resource, but legal hurdles and political sensitivities have hindered exports to India.
Sources: CNA