India Signs Deal to Get Desperately Needed Uranium from Australia

India and Australia have finally come to agreement over a deal that will send Australian uranium to India to help end chronic power outages.

According to Forbes:

The dialogue to sign the agreement began nearly two years ago and will also encompass supply of conventional fuel like coal and natural gas. India’s thermal power plants are running dangerously low on coal supply and the country gets over half its energy supply from coal-fired plants.

Tony Abbott, Prime Minister of Australia, told reporters:

We signed a nuclear cooperation agreement because Australia trusts India to do the right thing in this area, as it has been doing in other areas.

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