http://economictimes.indiatimes.com/industry/energy/power/bill-for-fast-tracking-nuke-power-projects-likely-this-session/articleshow/50062417.cms?from=mdr

Bill for fast-tracking nuke power projects likely this session

By PTI | 6 Dec, 2015, 11.51AM IST

NEW DELHI: A bill seeking to fast-track nuclear power projects is
likely to be introduced in the Winter Session of Parliament, while
another legislation for according greater autonomy to the atomic
energy regulator may not be brought this time.

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.


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