The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.
September - 2010 - issue > In Focus
India's Nuclear Liability Third Highest in the World
si Team
According to a survey by the Confederation of Indian Industry (CII), China ranks fourth in nuclear liability at $162 million. The findings also reported that Russia did not specify any amount whereas Germany and Japan have an unspecified amount.
The comparative study was carried out on nine parameters: Nuclear liability law, strict liability, channeling of liability exclusively to operator, right of recourse against supplier, operator’s insurance amount, state guarantee/cover, additional state compensation, supplementary amount from international fund and legal liability limit.
India comes third in the operator’s insurance amount too, with a $320 million limit.
U.S. again tops the list with $12,500 million. While Germany is slightly ahead of India at $324 million, UK follows India with $216 million. France has an operator insurance amount of $115.2 million.
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