India parliament's lower house approves nuclear bill

NEW DELHI Aug 25 (Reuters) - India's lower house of parliament approved on Wednesday a bill to open up the country's $150 billion nuclear power market after the government agreed to tougher accident liability provisions and higher compensation. The bill is crucial for firms such as U.S.-based General Electric (GE.N) and Westinghouse Electric, a subsidiary of Japan's Toshiba Corp (6502.T), which are reluctant to step in without clarity on accident compensation. (Reporting by Nigam Prusty and C.J. Kuncheria; Editing by Krittivas Mukherjee and Surojit Gupta)