The News That Matters about the Nuclear Industry

India not happy with Costs of Nuclear Power Project With France

India Dissatisfied With Costs of Nuclear Power Project With France   / sandeepachetan
BUSINESS 19:11 21.10.2016 India sent a strong message to France that it will not go ahead with the project unless the costs of production for the Jaitapur nuclear power project would be affordable.

New Delhi (Sputnik) —  India’s Atomic Energy Commission has made it clear that Western nuclear reactors will be welcomed only if it generates power at affordable rates.

………India signed Memorandum of Understanding with France for setting up six nuclear reactors at Jaitapur in March this year. Both countries decided to conclude the final agreement by end of 2016. Technical aspects of the deal have been resolved but expected costs of production have become a major hindrance for going ahead with the agreement……

October 22, 2016 Posted by | business and costs, India | Leave a comment

Modi and Putin revive Cold War bond with lucrative agreements between two nations

Russian-Bearflag-indiaIndia-Russia ties boosted by defence, energy deals, Straits Times, OCT 16, 2016, Modi and Putin revive Cold War bond with lucrative agreements between two nations  BENAULIM (India) Indian Prime Minister Narendra Modi and Russian President Vladimir Putin signed a raft of lucrative defence and energy pacts yesterday following talks aimed at reinvigorating ties between the former Cold War allies.

Mr Modi hailed Mr Putin as an “old friend” after their meeting in the Indian state of Goa, where leaders of Brazil, Russia, India, China and South Africa (Brics) were gathering for a summit.

“Your leadership has provided stability and substance to our strategic partnership,” Mr Modi said alongside Mr Putin at a beachside resort, after officials signed up to 20 agreements between the two nations……..

They also signed an initial agreement on India’s purchase of Russia’s state-of-the-art S400 missile defence system, capable of shooting down multiple incoming missiles, although there were no details on a timeframe for delivery. The system would strengthen India’s defences along its borders with China and Pakistan……..

The leaders also signed a framework agreement to supply more reactors to a nuclear plant in Kudankulam in southern India, which is attempting to reduce its reliance on highly polluting coal for power. Mr Putin said that Russia would be able to build a dozen nuclear reactors in India over the next 20 years to back Mr Modi’s growth strategy for Asia’s third-largest economy, which continues to suffer power shortages………

Mr Modi was expected to hold talks with China’s President Xi Jinping late yesterday, also in the hope of boosting investment and trade. Relations, however, have been frustrated by Beijing’s decision so far to block New Delhi’s entry to a nuclear trade group, among other issues.

October 18, 2016 Posted by | India, marketing, Russia | Leave a comment

India’s government seeking private investment for its costly Light Water Nuclear Reactors

Nuclear energy: Government to push for JVs in light water reactor projects, Economic Times By PTI |  Oct 09, 2016, NEW DELHI: To meet the high cost of Light Water Reactors, the government has decided to bring in such projects, which currently involve foreign collaborators, as joint ventures (JVs)with public sector undertakings (PSUs).

October 10, 2016 Posted by | business and costs, India, politics | Leave a comment

Japan and India to make nuclear marketing deal in November

nuclear-marketing-crapJapan, India to sign nuclear cooperation deal in November – report First Post 2 Oct 16  Reuters  TOKYO Japan and India are likely to sign a civil nuclear cooperation pact during a visit to Japan by Indian Prime Minister Narendra Modi in mid-November, the Mainichi newspaper reported on Saturday.The governments of Asia’s second- and third-largest economies are leaning toward holding a summit meeting between Modi and his Japanese counterpart Shinzo Abe, the report said, citing unidentified diplomatic sources from both nations.The two leaders last December reached a basic agreement for cooperation in the peaceful use of nuclear energy, but they stopped short of signing the agreement, citing outstanding technical and legal differences.Japan, the only country to have suffered a nuclear attack, has been demanding additional non-proliferation guarantees from India, which has a nuclear weapons programme, before exporting nuclear reactors.

India and Japan have been negotiating the nuclear energy deal since Japan’s ally, the United States, opened the way for nuclear commerce with India, which has shunned the global Non-Proliferation Treaty (NPT).

The two countries have reached a basic agreement during the working level negotiations that Japan would halt cooperation immediately if India conducted a nuclear test, the report added.A final deal with Japan would benefit U.S. firms. India has already given land for nuclear plants to GE-Hitachi – which is an alliance between the U.S. and Japanese firms – and to Toshiba’s Westinghouse Electric Company.

(Reporting by Osamu Tsukimori; Editing by Christian Schmollinger)

October 3, 2016 Posted by | India, Japan, marketing | Leave a comment

The consequences of a nuclear war between India and Pakistan

What happens if India and Pakistan both fire nuclear warheads at each other?

If India and Pakistan detonated 100 nuclear warheads, over 21 million people will die immediately, and half the world’s ozone layer would be destroyed, September 29, 2016 – By Abheet Singh Sethi, 30 Sept 16 

If India and Pakistan fought a war detonating 100 nuclear warheads (around half of their combined arsenal), each equivalent to a 15-kiloton Hiroshima bomb, more than 21 million people will be directly killed, about half the world’s protective ozone layer would be destroyed, and a “nuclear winter” would cripple monsoons and agriculture worldwide.


As the Indian Army considers armed options, and a Bharatiya Janata Party (BJP) MP urges a nuclear attack, even as the Pakistan Defence Minister threatens to “annihilate” India in return, the following projections, made by researchers from three US universities in 2007, are a reminder of the costs of nuclear war.

According to the study by researchers from Rutgers University, University of Colorado-Boulder and University of California, Los Angeles, about 21 million people – half the death toll of World War II – would perish within the first week from blast effects, burns and acute radiation in India and Pakistan.

This death toll would be 2,221 times the number of civilians and security forces killed by terrorists in India over nine years to 2015, according to an IndiaSpend analysis of South Asia Terrorism Portal data.

Another two billion people worldwide would face risks of severe starvation due to the climatic effects of the nuclear-weapon use in the subcontinent, according to a 2013 assessment by the International Physicians for the Prevention of Nuclear War, a global federation of physicians. Continue reading

October 1, 2016 Posted by | climate change, India, Pakistan, weapons and war | Leave a comment

India and Pakistan both looking to an alliance with Russia

Nuclear War: Pakistan, China, Russia Vs India, America Nuclear Warheads USA Morning News 1 Oct 16 “……… Nuclear Warhead Assessment

So if it comes down to an all-out nuclear war between the US-India on one side and China-Russia-Pakistan on the other, here is an assessment of which side is likely to have an upper hand in the war:

  • It has been estimated that China, India, and Pakistan all possess ballistic missile, cruise missile, and sea-based nuclear weapons.
  • Even though China, Russia, and the U.S. possess nuclear weaponry, according to the NPT, they have been banned from building and maintaining such weapons in perpetuity.
  • China has 260 approximate warheads, Russia has roughly 7300 and Pakistan has 120.
  • The USA is lagging slightly behind Russia with 7100 warheads and India currently has 110.

Hence, with Russia currently ahead than all the rest in the nuclear race, both India and Pakistan are looking to Russia to build an alliance with.

October 1, 2016 Posted by | India, Pakistan, politics international, Russia, weapons and war | Leave a comment

Japan busting to market nuclear reactors to India, and busting the Nuclear Non-Proliferation Treaty

Buy-Japan's-nukes-2Abe, Modi look to ink civil nuclear pact at November meeting, Japan Times, KYODO, 30 Sept 16 A meeting between Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi is set to be held in Tokyo in mid-November, with a civil nuclear cooperation pact likely to be signed, a source said Friday.

The pact would pave the way for Japan to export nuclear power plant technology to the fast-growing Asian economy. It would be Japan’s first signing of a civil nuclear cooperation pact with a country which has not joined the Nuclear Non-Proliferation Treaty…….

Earlier, other diplomatic sources said that under a provision in the pact, Japan will permit Indian power producers to reprocess spent fuel at designated facilities on the condition the country accepts comprehensive inspections by the International Atomic Energy Agency…….

Following the signing of the treaty, the Japanese government will seek swift approval from the Diet in a bid to promote Japanese companies’ participation in construction of such power plants in India……

October 1, 2016 Posted by | India, Japan, marketing | Leave a comment

USA could lend $billions to India – anything to sell nuclear reactors!

Toshiba WestinghouseIndia Could Get Billions from the U.S. To Build a Nuclear Reactor, Fortune, by Reuters SEPTEMBER 22, 2016   If a lending freeze doesn’t get in the way.

India is negotiating with U.S. Export-Import Bank for an $8-9 billion loan to finance six Westinghouse Electric nuclear reactors, two sources familiar with the talks said, although a lending freeze at the trade agency threatens progress.

The mega-project, the result of warming U.S.-India ties in recent years, could open up billions of dollars of further investment in India’s nuclear power sector, ……..

The Westinghouse deal, however, is contingent on financing and Ex-Im cannot approve loans of more than $10 million, owing to a row in the U.S. Congress over board appointments stemming from a campaign by conservatives to close the government lender……..

“Financing of the reactors is the critical piece; everything is down to this,” said one source involved in protracted negotiations to build the reactors in the south-eastern Indian state of Andhra Pradesh.

The source, requesting anonymity because of the sensitivity of the talks, said Indian negotiators and Ex-Im officials were trying to set the terms of the financial package in the hope that the freeze on the bank, affecting potential sales of several major U.S. companies, would lift soon.

Westinghouse is owned by Japan’s Toshiba Corp but is based in the United States……..

In addition to U.S. Ex-Im, India is also seeking funding from Japan and South Korea for the reactors to be built in Kovvada, two sources familiar with the talks said……..

While negotiators are unlikely to nail down a contract under Obama, who steps down in January, their challenge will be to come up with concessional financing terms that will make Westinghouse’s AP1000 reactors affordable.

Westinghouse did not respond to a request for comment, while a U.S. Ex-Im Bank spokeswoman declined to comment. An NPCIL official said the firm had nothing to say at this stage…….

ndia is also in talks with Russia to build four more reactors on top of the two already completed in Kudankulam in southern Tamil Nadu state, as well as with France’s EDF for the construction of six reactors of 1650 MW each in western India, which would be the world’s biggest nuclear power complex.

But talks with Westinghouse are more advanced than those with the French, with the two sides aiming to sign an early works agreement next month, sources familiar with their progress said.

A delegation from the U.S.-based firm visited New Delhi earlier this month to finalize the pact that would include the timeline and up-front costs such as land acquisition and site preparation, said a source familiar with the matter.

September 23, 2016 Posted by | India, marketing, USA | Leave a comment

Indian companies see Hybrid Solar and Wind Systems as the renewable energy future

Hybrid Solar and Wind Systems Attract Turbine Makers in India  September 6, 2016 


  • Gamesa planning 50-megawatt wind-solar hybrid project
  • Combined power generation can boost a project’s reliability
    Wind turbine makers in India are looking at building more renewable energy projects that would combine solar and wind in a bid to provide a reliable and cost-effective power supply.Gamesa Corp. Tecnologica SA, the largest wind-turbine maker in India by market share, is preparing to announce its first wind-solar project within the next two months. Suzlon Energy Ltd., India’s largest domestic manufacturer of wind turbines, says it expects to focus on hybrids starting next year.“We feel that hybrid projects will make 50 to 60 percent of our sales over the next three years,” Ramesh Kymal, the chief executive officer of Gamesa’s India operations, said in an interview in New Delhi. “In a couple of months an announcement of a hybrid project from Gamesa can be expected.”

     The major advantage of a solar-wind hybrid is a boost to the reliability of the system as power generation from the two different sources supplement each other. Combining the two technologies and sharing a grid connection can also increase capacity, developers say. Hybrids hold an additional appeal in India where land acquisition remains a challenge.

    India aims to install 10 gigawatts of hybrid capacity by 2022, according to a draft policyreleased earlier this year by the Ministry of New and Renewable Energy.

  • Interest in hybrids is spreading. In 2014, Toshiba Corp. and Mitsui & Co. announced the completion of a solar and wind project in Japan’s Aichi prefecture. That project, developed in cooperation with six other companies including Toray Industries Inc., consists of 50 megawatts of solar capacity and 6 megawatts of wind. Canberra-based Windlab Systems Pty Ltd. and Japan’s Eurus Energy Holdings Cop. are building a large-scale hybrid solar-wind plant in the state of Queensland.“A common grid infrastructure for wind and solar installations will bring stability in the grid and will help avoid curtailment and seasonality of energy production,” Tulsi Tanti, founder and chairman of Pune, India-based Suzlon Energy, said in an interview, adding that wind and solar are complementary.
     Suzlon will focus more intensely on wind and solar hybrid projects beginning next year, with a target to win market share of more than 40 percent in the next five years, Tanti said. In the case of Gamesa, the Zamudio, Spain-based turbine manufacturer has already identified some projects owned by existing customers that could benefit by adding solar, Kymal said.
  • Other developers have also shown interest. Inox Wind Ltd.’s wind sites in the Indian states of Rajasthan, Gujarat and Madhya Pradesh are all ideal for hybrid projects, said Devansh Jain, a director at Inox, adding that he’s waiting for the ministry’s policy to be finalized before moving forward.“Wind-solar hybrid projects will boost growth but will not be a fundamental game changer,” Jain said in a phone interview, saying the government’s auctions of wind projects will likely be the biggest driver of growth in the sector.

    India Goals

    The interest in hybrid projects comes as India pushes aggressively to develop its clean energy capacity. Under a effort led by Prime Minister Narendra Modi, India is aiming by 2022 to install 100 gigawatts of solar capacity and 60 gigawatts of wind power.

    India installed a record 3.5 gigawatts of wind in the fiscal year ended March 31, according to the Indian Wind Turbine Manufacturers Association.

    “Hybrid projects offer advantages in sharing of resources for construction and maintenance of a project, as well as power transmission,” according to Shantanu Jaiswal, a Bloomberg New Energy Finance analyst in New Delhi.


September 9, 2016 Posted by | India, renewable | Leave a comment

India and Canada hoping to market nuclear technology together?

nuclear-marketing-crapIndia, Canada discuss civil-nuclear cooperation The two leaders discussed a wide range of issues of mutual interest, including civil-nuclear cooperation between the two countries, an official release issued said today. Indian Express  By: PTI | New Delhi September 8, 2016 India and Canada have discussed a wide range of issues of mutual interest, including the civil-nuclear cooperation between the two countries. The discussion was held during a meeting between Union Minister Jitendra Singh and visiting Canada Minister for Natural Resources, James Gordon Carr, here on Wednesday.

The two leaders discussed a wide range of issues of mutual interest, including civil-nuclear cooperation between the two countries, an official release issued said today. As a country with large energy requirements, India looks forward to promoting nuclear energy production at a significant scale and the two nations can jointly work to achieve this, said Singh, Minister of State in Prime Minister’s Office.

He referred to a common technological base of Pressurised Heavy Water Reactor (PHWR) in which India and Canada are global leaders and it is an area offering opportunity of potential bilateral cooperation between the two countries……….

Singh referred to the visit of Prime Minister Narendra Modi to Canada in April 2015 during which a long term uranium procurement contract was signed by Department of Atomic Energy, Government of India with the Canadian Uranium producer CAMECO…….

September 9, 2016 Posted by | Canada, India, marketing | Leave a comment

USA determined to market nuclear reactors to India

Toshiba WestinghouseIndia, US set the ball rolling for Westinghouse’s nuclear plants By Dipanjan Roy Chaudhury, ET Bureau | Sep 01, 2016, NEW DELHI: India and the US moved closer to the planned construction of six reactors by American company Westinghouse at a proposed nuclear plant in Andhra Pradesh, with the two sides deciding to immediately commence the work on engineering and site design, and make an early conclusion of a competitive financing package.

The issue of the nuclear power plant was among the key items on the agenda for the second round of Strategic and Commercial Dialogue between the two nations here. ….

September 2, 2016 Posted by | India, marketing, USA | Leave a comment

More nuclear marketing. USA determined to sell nukes to India

Toshiba WestinghouseIndia US to advance talks on building six nuclear reactors Under the Indo-US nuclear cooperation agreement signed in October 2008, two US companies would build 12 atomic reactors, each with a capacity of 1000 MWs. Indian Express By: PTI | New Delhi :August 30, 2016  India and the US on Tuesday agreed to move forward on building six nuclear reactors and discussed ways to enhance cooperation in the field of atomic power and space.

John Kerry, US Secretary of State, who is here for the 2nd Indo-US Strategic and Commercial Dialogue (S&CD), said his country would want its civil nuclear cooperation with India to take shape in setting up of reactors.

“We have agreed now to move forward on six Westing House nuclear reactors which will provide energy for six million Indians, not to mention the enormous number of jobs (it will create)……

Under the Indo-US nuclear cooperation agreement signed in October 2008, two US companies would build 12 atomic reactors, each with a capacity of 1000 MWs. However, the US has often raised concern about hurdles faced by American companies over a series of issues.

Its major concerns like the liability clause in the Civil Liability for Nuclear Damage Act, 2010 has already been addressed and talks between the WestingHouse Co, which will build six reactors, and the Indian side are on, sources said. The two sides are also cooperating in the field of space.

August 31, 2016 Posted by | India, marketing, USA | Leave a comment

Making more efficient use of space with “solar trees”

flag-indiaIndian Scientists Design Solar Tree to Save Space for Solar Power Generation VOA, 26 Aug 16 NEW DELHI Indian scientists have designed a “solar tree” that they hope will help overcome one of the key challenges the country faces in the generation of solar power.

With photovoltaic panels placed at different levels on branches made of steel, “solar trees” could dramatically reduce the amount of land needed to develop solar parks.

“It takes about four-square meters of space to produce energy which otherwise would have required 400 square meters of space. So almost 100 times the space is saved, which as you know is very valuable,” said Daljit Singh Bedi, chief scientist at the Council of Scientific and Industrial Research (CSIR) in New Delhi, whose laboratory in Kolkata developed the tree.

A scarce resource in India, acquisition of land to develop roads, factories and other infrastructure is a sensitive issue that has led to frequent and sometimes violent protests from displaced people.

Scientists estimate the energy generated by a solar tree would be sufficient to light up five homes. They say the space-saving tree would not only make it easier to increase solar power generation to light up homes and streets in cities, but also in rural areas where farmers are unwilling to give up large tracts of land for solar panel installations.

The solar tree will also harness more energy compared to rooftop panels. “This design, it facilitates placement of solar panels in a way that they are exposed more towards sun and that way they are able to harness 10 to 15 per cent more energy, which is more or less equivalent to one hour more than the conventional format,” said Bedi……

August 29, 2016 Posted by | India, renewable | Leave a comment

USA pushes India and Pakistan to join nuclear testy ban treaty



Is this because USA wants nuclear disarmament, or because USA wants to sell nuclear materials to the sub continent?

US urges India and Pakistan to sign and ratify nuclear test ban treaty Washington has welcomed text-relevantPakistan’s recent proposal to India for a bilateral agreement on nuclear weapons test ban, IBT  By  August 24, 2016 The US has asked arch-rivals India and Pakistan to set aside their differences and sign and ratify the Comprehensive Nuclear-Test-Ban Treaty (CTBT). Welcoming Pakistan’s recent proposal to India for a bilateral agreement on nuclear weapons test ban, Washington has urged the two countries to hold talks.

Mark Toner, the State Department deputy spokesperson, said: “We welcome this high-level dialogue between India and Pakistan, encourage both countries to engage in the dialogue and exercise restraint aimed at improving strategic stability.”……..

On Tuesday (23 August), Pakistan announced a fresh move to seek support for its NSGmembership bid. Syed Tariq Fatemi, special assistant to the prime minister on foreign affairs, embarked on a visit to Belarus and Kazakhstan to win their backing, The Hindu reported.

While India was kept out, Pakistan’s membership was not discussed during the plenary meeting of the NSG in Seoul in June. Although it has China on its side, it failed to get the backing of the US.

August 27, 2016 Posted by | India, Pakistan, politics international, USA, weapons and war | Leave a comment

Nuclear power a poor deal for India, despite aggressive marketing by USA, France Russia

India is better advised to put money instead into its abundant solar energy, which will definitely be less expensive and less risky. “Investing in new solar photovoltaic capacity would be a much lower-cost, significantly less environmentally harmful and far more sustainable alternative to the Mithi Virdi and Kovvada projects,”


Nuclear power costly, inefficientSANKAR RAY | Fri, 12 Aug 2016- , Mumbai , dna Reactors reduced to status of old furniture as no new ones are being made With Prime Minister Narendra Modi and US President Barrack Obama, finalising the import of 12 AP1000 nuclear reactors plants – six from the Westinghouse Electric — for Mithi Virdi, Gujarat, and another six from the GE-Hitachi’s Economic Simplified Boiling Water Reactor for Kovvada, Andhra Pradesh, nuclear hawks have become super-active. The US Export-Import Bank is about to complete a financing package for the Toshiba Westinghouseproject. The Nuclear Power Corporation of India and Toshiba Corp’s (6502.T) Westinghouse Electric too confirmed that engineering and site design work would begin shortly. Small wonder, anti–US hawks too have swung into action to nail the very concept of importing nuclear power reactors from the US, arguing that the cost from the US reactors is very high, estimated provisionally at $7.5 million per megawatt in stark contrast to $ 2.9 million of the Russian ones that are installed at Kudankulam.

Prof Sujay Basu, a doyen among energy experts and former — the first too – director, School of Energy Studies, Jadavpur University, expressed his chagrin against import of reactors. “First, the Kudankulam reactors were sold by Russia at distressed price. Second, reactor manufacture, from the very beginning of the new century, ceased to be a profitable business. American nuclear industry is worried for want of buyers and escalation of cost.

France tried to sell one or two reactors to Finland but backed out. Nowhere in the world, except Japan, are new reactors marketable without political lobbying. Energy gap cannot be narrowed by setting up more nuclear plants. In India, the more pressing problem is how to retire several ageing with effective disposal of nuclear hazards.” Indeed, almost all the components of the reactor were manufactured during the 1980s and were rendered surplus due to post-Chernobyl cancellation of over two dozen reactors after the mega-catastrophe in the twilight years of Soviet Union.

V T Padmanabhan, noted analyst and member of the Nuclear Consultancy Group, considered as a crusader for nuclear safety and health effects (genetic and somatic) of ionising radiation, divulged in about six months ago that the Kudankulam reactor tripped 20 times and was off-grid for 468 days.

Kudankulam Nuclear Power Plant (KKNPP-1), the first reactor, built jointly by the NPCIL and Russia’s Atomstroyexport (ASE), is the only operating Generation-III pressurised water reactor (VVER-1000) the world over. During the 840 days of its grid connection since 22 October 2013, the reactor worked for 372 days, although this so-called brand new Russian machine, commissioned a year ago, underwent a seven-month-long overhaul since 24 June 2015 and achieved criticality in the afternoon of 21 Jan 2016.

Following a series of experiments, the generator was connected to the grid in the morning of 30 Jan 2016. According to the database of Power Reactor Information systems of the International Atomic Energy Agency, the KKNPP-1 operated for only 4,212 hours in 2014, less than half the time-schedule. Mentioning this, Prof M V Ramana, a nuclear physicist and currently associated with the Programme on Science and Global Security at Princeton University, a good fraction of those operations evidently involved the reactor generate below the corresponding rated power capacity. “In all, the reactor generated less than a third of the electricity that it could have if it had operated at full power, 24 hours a day, 365 days a year.” Things worsened in the following year. The NPCIL website admitted that between April 2015 and January 2016, the plant had an abysmally load factor of 20 per cent.

There is no denying that the KKNPP-1 is a congenitally sick baby, a junk reactor. Maybe, the sickly state of KKNPP-1, prompted the NDA government (if not an alibi) to opt for the US plants. But in end-March this year, the Institute for Energy Economics and Financial Analysis, which is engaged in research and analysis on financial and economic issues related to energy, in order to quicken the transition to a diverse, sustainable and profitable energy economy, released a report, Bad Choice: The Risks, Costs and Viability of Proposed US Nuclear Reactors in India, which negates the economic viability of Indian plan to build 12 new nuclear-powered plants using untested technology. The lead author of it, IEEFA’s director of resource planning analysis, David Schlissel, stated that these nuclear plants are “first-of-kind” designs by Toshiba-Westinghouse and General Electric-Hitachi planned for the Mithi Virdi and Kovvada complexes, are neither economically nor financially viable.“They would take much longer than expected to build, they would result in higher bills for ratepayers, and, if they are built, they might not work as advertised.”

The IEEFA pointed out that it would take 11 to 15 years to build, if approved, the first new reactors at Mithi Virdi and Kovvada, provided there is no time lag. These reactors can’t start generation for the electric grid before 2029.

Furthermore, stated Schlissel, even if there is zero time-and-cost overruns, “both projects would require massive investment over the next two decades, ranging from Rs 6.3 lakh crores (US $95 billion) to 11.3 lakh crore rupees (US $170 billion).” The IEEFA warned against slowdown in project implementation due to lengthy land-acquisition and complicated nuclear liability issues. India is better advised to put money instead into its abundant solar energy, which will definitely be less expensive and less risky. “Investing in new solar photovoltaic capacity would be a much lower-cost, significantly less environmentally harmful and far more sustainable alternative to the Mithi Virdi and Kovvada projects,” quipped Schlissel…….

August 17, 2016 Posted by | India, marketing | Leave a comment