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India plans to build 10 nuclear reactors

Indian cabinet approves plans to build 10 nuclear reactors, Reuters, 18 May 17,  India’s cabinet approved plans on Wednesday to build 10 nuclear reactors with a combined capacity of 7,000 megawatts (MW), more than the country’s entire current capacity, to try fast-track its domestic nuclear power program.

The decision by Prime Minister Narendra Modi’s government marks the first strategic response to the near collapse of Westinghouse, the U.S. reactor maker that had been in talks to build six of its AP1000 reactors in India.

Westinghouse, owned by Japan’s Toshiba, filed for Chapter 11 bankruptcy in March after revealing billions of dollars in cost overruns at its U.S. projects, raising doubts about whether it can complete the India deal.

India has installed nuclear capacity of 6,780 MW from 22 plants and plans to add another 6,700 MW by 2021-22 through projects currently under construction. The 10 additional reactors would be the latest design of India’s Pressurised Heavy Water Reactor.

“This project will bring about substantial economies of scale and maximize cost and time efficiencies by adopting fleet mode for execution,” the government said in a statement……..http://www.reuters.com/article/us-india-nuclear-idUSKCN18D21X

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May 19, 2017 - Posted by | India, politics

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