India clinches agreement for Australian uranium supply

MELBOURNE, July 9: Indian Prime Minister Narendra Modi said he clinched a uranium supply agreement while visiting Australia on Thursday, 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 coming years. Australia lays claim to around 28 percent of the world's uranium resource, but legal hurdles and political sensitivities have hindered exports to India.�"AFP