An Indian-American entrepreneur has pitched for fast track mini nuclear reactors, saying they are economical and could be constructed within two years.
Negotiations on mega nuclear power plants with US companies Westinghouse and General Electric are either in doldrums or moving at snail’s pace.
“The new generation Small Nuclear Reactor uses light water technology to produce 160 MW and is the future of nuclear energy reactor because of its unconditional safety and economy,” Kris Singh, founder and CEO of New Jersey-based SMR LLC and Holtec International said in a recent interview.
New Jersey Governor Chris Christies inaugurated a multi million dollar manufacturing facility last month in Camden. Read More…