NUCLEAR energy can be good business. And for the ailing West European nuclear industry, the unsafe nuclear reactors of its eastern neighbours has come as a boon. Siemens AG of Germany has announced that its power-plant division would form a consortium that will undertake rehabilitation of nuclear reactors in Ukraine, Bulgaria, Czechoslovakia and Lithuania. The programme will not, however, deal with the Chernobyl-style reactors. Germany and other European countries have recommended the Chernobyl-type reactors be shut down. The consortium programme is partly a result of the Group of Seven (G-7) meet at Munich in early July (Down To Earth) at which the G-7 members tentatively promised US$ 555 million for the rehabilitation of Soviet-designed nuclear power plants.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.