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With new Indian government a slowdown in nuclear power expansion looks likely

flag-indiaNarendra Modi government may go slow on nuclear energy expansion: PwC, The Economic Times,  May 27, 2014, MUMBAI: The new government may put on the back-burner a plan to install 20 gigawatts of nuclear power capacity in the country by 2020 and instead focus on wind and solar to achieve energy security, says PwC……….

Rather than nuclear, the Modi government may focus on increasing wind and solar power capacity, especially when these models worked successfully in Gujarat, Mohapatra said.

The power, coal, and new and renewable energy portfolios in the Modi Cabinet are held by Piyush Goyal, who is from Maharashtra, where BJP ally Shiv Sena was opposing the 9,900 MW Jaitapur nuclear project……..An industry expert from KPMG, who did not want to be identified, said that before the new government takes any decision on nuclear power, it will first have to tackle issues of supply chain, safety and acceptance from locals. http://articles.economictimes.indiatimes.com/2014-05-27/news/50122504_1_energy-security-power-capacity-nuclear-power

May 30, 2014 - Posted by | India, politics

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