Wednesday, March 21, 2012

Nuclear power cost depends on technology

The public sector undertaking, Nuclear Power Corporation of India Ltd. (NPCIL), under the department of atomic energy, is having discussions with foreign companies for supply of equipments for setting up large capacity Reactors on technical cooperation basis.

These companies are M/s Atomstroy export (ASE) of Russian Federation, M/s AREVA of France, M/s Westinghouse Electric Company (WEC) and M/s GE Hitachi Nuclear Energy of USA. This information was revealed by Minister of State in PMO, V Narayansamy in reply to a question in Lok Sabha on 21 March.

The Minister said that the cost of nuclear power, inter-alia, depends on the type of technology, life of plant, cost of fuel etc. The levelised cost of power from Light Water Reactors (LWRs) being set up in the country with foreign technical cooperation is expected to be comparable to that of similar plants in developed countries.

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