N-deal with India to provide opportunities for companies: UK | delhi | Hindustan Times
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N-deal with India to provide opportunities for companies: UK

delhi Updated: Feb 13, 2010 19:51 IST

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Britain on Saturday said the just-concluded civil nuclear agreement with India opens doors to "greater collaboration" between companies in the two countries and new opportunities to address shared challenges like nuclear waste management.

British Minister for Business, Innovations and Skills Pat McFadden, who is currently in New Delhi on a visit, said the deal is a "major step forward" in the UK-India nuclear relationship in line with Britain's strong non-proliferation commitments.

"As our economies continue to grow, demand for energy will increase and with it the need to produce sustainable, low-carbon solutions to address this challenge. Investment in new technologies in nuclear power generation will help meet it," he said, in a speech at the Centre for Professional and Technical Training, Campus of Open Learning.

McFadden said the deal will allow both countries to collaborate and jointly tackle the key 21st century challenges of energy security and climate change.

He said UK will welcome two high-level Indian delegations during which the partnership in this sector will "truly kick-start".

He said UK has invited senior representatives from the Nuclear Power Corporation of India to attend the Nuclear New Build Conference 2010 in London.

"This event will bring together representatives from 15 nations to discuss business and technology opportunities, focusing on India and the UAE," he said.