Menon said both sides had concluded government-to-government negotiations on the 2010 civil nuclear deal.
"Governments have done what they had to do, now it is purely commercial business," he said.
"It has been our consistent stand that whatever nuclear power plants we import should meet the highest standards of safety, deliver power at a price that is competitive vis-a-vis other sources of energy," Menon said.
He said he was "very surprised" over reports in the media Thursday "that somehow the Indian law would not apply to projects in India".
He said civil nuclear projects in India would "naturally be subject to the Indian laws, including the civil liability law".
"The domestic and foreign vendors have sought clarifications on some aspects of the law, and we are looking and examining the issues," he said.
He termed the Indo-US civil nuclear deal as a "symbol of the transformed relationship" between the two countries, which would help meet India's power needs.
