NTPC plans to generate 2000 MW nuclear power by 2017

NTPC plans to generate 2000 MW nuclear power by 2017
PTI
Comment E-mail Print Share
First Published: Wed, Jan 31 2007. 04 44 PM IST
Updated: Wed, Jan 31 2007. 04 44 PM IST
New Delhi: National Thermal Power Corporation Ltd (NTPC Ltd ) envisages generating 2000 MW from atomic power by the end of 2017, its Chairman and Managing Director T Sankaralingam said on 31 January 2007. “It is part of our corporate plan to get into the nuclear space. The board has already given its in principal approval,” said Sankaralingam. Asked whether the company had finalised the location of the plant, he said it was yet to be finalised. NTPC has already started talks with GE Energy for setting up new nuclear facilities. It is also in talks with Thorium Power, a US-based manufacturer of nuclear fuel technology, to establish joint ventures in the country. The state-owned company has appointed former Atomic Energy Commission secretary S Rajgopal and former executive director of Nuclear Power Corporation of India V K Kaushik as consultants to expedite their move to produce nuclear power. The move by NTPC will end the monopoly of state-owned Nuclear Power Corporation of India Ltd. Power Secretary R V Shahi, when asked about NTPC’s plans to get into nuclear power, said, “Nothing is being planned for the 11th five year plan. It is going to happen only after the 11th plan.” The government plans to generate 3100 MW nuclear energy by the end of the 11th plan (2011-12), which will be further increased during the 12th plan. India aims to produce 25 per cent of its power generation from nuclear energy by 2025, as compared to 2.7 per cent now. Global nuclear energy majors have been eyeing the Indian market after the Indo-US civil nuclear deal.
Comment E-mail Print Share
First Published: Wed, Jan 31 2007. 04 44 PM IST
More Topics: Corporate News | World Business |