Economic Times India – The Nuclear Power Corporation of India Ltd (NPCIL) will launch 16 reactors at an outlay of Rs 2.3 trillion ($40 billion) during the 12th Plan period (2012-17), a top official of the atomic power operator said.
The NPCIL currently generates 4,780 MW of power. India’s installed nuclear power capacity to 10,080 MW by the end of the 2017.
“We have to launch eight 700 MW pressurised heavy water reactors (PHWRs) and eight light water reactors (LWRs) involving a total outlay of Rs 230,000 crore (Rs 2.3 trillion). The LWRs will be from foreign companies,” S K Jain, who retired Thursday as NPCIL chairman and managing director, said in an interview.
According to him, the eight 700 MW PHWRs would come up at Kaiga in Karnataka, Gorakhpur in Haryana’s Fatehabad district, Banswada in Rajasthan and Chutka in Madhya Pradesh.
The 16 reactors are in addition to NPCIL’s four 700 MW PHWRs under construction – two at the Rajasthan Atomic Power Station (units 7 and 8) and two at Kakrapara in Gujarat – at an outlay of Rs 22,000 crore.
This will be three percent of the 300,000 MW generation capacity planned by 2017. India currently generates a little less than 200,000 MW of power.
China’s total installed capacity at the end of 2011 was 1056 GW with 760GW coal, 230 GW hydro, 11.9 GW nuclear, 47 GW wind and about 3.4 GW solar. Among the 3.4 GW installed solar, 2.1 GW is connected to the utility grid.
The US has about 1000 GW of installed capacity.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.