Low tariffs test plans on nuclear power

Low tariffs test plans on nuclear power

India’s plans to triple its nuclear power capacity from the current 6,780MW to 22,480MW by 2031 will face challenges from falling renewable energy tariffs and high funding requirements, nuclear energy executives said on Thursday.

The Centre had last year approved financial sanction to the department of atomic energy for 10 new 700MW reactors to be progressively commissioned between 2024 and 2031 at sites in Haryana, Karnataka, Madhya Pradesh and Rajasthan.

Senior officials with the Nuclear Power Corporation (NPC), the public-sector company that builds and operates the country’s nuclear power plants, have said the planned accelerated growth will be driven by the “fleet mode” establishment of reactors. Read More

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