For the 12th FYP, the Centre's proposed nuclear investment envisages a cumulative investment of close to Rs. 87000 crore. This is undoubtedly the highest allocation ever on beefing up atomic generation capacity. Of this, about Rs. 64800 crore has been fixed on new starts, which largely entail imported light-water, reactor-based projects to be set up with equipment supplies from global vendore such as France's Areva, US firms GE-Hitachi and Toshiba-Westinghouse and Russia's Atomstroyexport.
Currently, there are 20 nuclear reactors in India being operated by state-owned NPCIL, that add up to a capacity of 4,780 MWe (mega-watt electrical). NPCIL - which has a surplus of Rs. 12000 crore, including cash reserves - has said that it funds new capacity of up to 10,000 MWe through its own financial resources and is looking for financing from other sources, including through JVs with core sector PSUshaving strong financials and cash flows such as NTPC, IOC, Nalco and ONGC.
Progress is expected despite strong protests from locals and activists. The end to the Kudankulum stalemate is seen as a positive signal for new projects on the anvil. The Centre has, in principle, given a nod for 6 greenfield sites in Haryana, AP, MP, Gujarat and WB for setting up a string of new nuclear units. The bulk of this capacity augmentation by NPCIL will be through large-sized indigenous 700 MWe PHWRs and imported LWRs ranging between 1000 MWe and 1650 Mwe. For the LWRs, the govt. has shortlisted Toshiba-Westinghouse's ' AP1000' reactors, GE-Hitachi's 'ESBWR" reactors, Areva's EPRs and the Russian 'VVER' reactors, which are already being deployed at Kudankulum.
Currently, there are 20 nuclear reactors in India being operated by state-owned NPCIL, that add up to a capacity of 4,780 MWe (mega-watt electrical). NPCIL - which has a surplus of Rs. 12000 crore, including cash reserves - has said that it funds new capacity of up to 10,000 MWe through its own financial resources and is looking for financing from other sources, including through JVs with core sector PSUshaving strong financials and cash flows such as NTPC, IOC, Nalco and ONGC.
Progress is expected despite strong protests from locals and activists. The end to the Kudankulum stalemate is seen as a positive signal for new projects on the anvil. The Centre has, in principle, given a nod for 6 greenfield sites in Haryana, AP, MP, Gujarat and WB for setting up a string of new nuclear units. The bulk of this capacity augmentation by NPCIL will be through large-sized indigenous 700 MWe PHWRs and imported LWRs ranging between 1000 MWe and 1650 Mwe. For the LWRs, the govt. has shortlisted Toshiba-Westinghouse's ' AP1000' reactors, GE-Hitachi's 'ESBWR" reactors, Areva's EPRs and the Russian 'VVER' reactors, which are already being deployed at Kudankulum.
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