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$ 80 million dollars more on top of budget for Indian nuclear programme

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According to the budget papers presented in the Lok Sabha on Wednesday, the government may have to allocate $80 million (Rs 544 crore approximately) for setting up of the fifth and sixth 1,000 MW nuclear power plant with Russian technology at Kudankulam in Tamil Nadu.

Already two 1,000 MW units have been set up at Kudankulam and construction work for two more similar units have begun. A total of six 1,000 MW units are planned at Kudankulam and will be owned by Nuclear Power Corporation of India Ltd (NPCIL).

Meanwhile NPCIL has been requested to prepare detailed project report (DPR) for setting up of 10 units of 700 MW Pressurised Heavy Water Reactors over the next 10-15 years.

IANS

– See more at: http://news24online.com/rs-544-cr-may-be-allocated-for-nuclear-units-87/#sthash.43ywJ7WH.dpuf

After getting a firm commitment of Rs 3,000 crore allocation over the next two decades for atomic power projects in the last Union Budget, the nuclear power sector is not expecting anything new in the upcoming 2017-18 budget, said the Atomic Energy Commission chief.

Chennai:

“Unlike other industries, we do not have any new expectations from the Union Budget. Yes, it is true last year Finance Minister Arun Jaitley announced annual additional allocation of Rs 3,000 crore to expand nuclear power capacity,” Atomic Energy Commission (AEC) Chairman Sekhar Basu, who is also the Secretary of the Department of Atomic Energy (DAE), said.  http://www.dtnext.in/News/Business/2017/01/29225500/1026349/Nuclear-sector-not-expecting-bounty-unlike-2016.vpf

February 2, 2017 - Posted by | Uncategorized

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