Six imported nuclear plants for Jaitapur project

Six imported nuclear plants for Jaitapur project
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First Published: Sun, Apr 08 2007. 02 32 PM IST
Updated: Sun, Apr 08 2007. 02 32 PM IST
PTI
Mumbai: Maharashtra will be the first state to get six imported mega atomic plants of at least 1,600 megawatt (MW) each for its Jaitapur nuclear power project in Ratnagiri district once the Indo-US civil nuclear deal comes through.
Preparations are on in full swing by the Nuclear Power Corporation of India Ltd (NPCIL) to receive the plants and all them will most likely be of the European Pressurised Water Reactor (EPR) type, a third generation design, said NPCIL Chairman and Managing Director S. K. Jain.
EPRs were designed and developed by Framatome (Areva NP) and Electric de France in France and Siemens AG in Germany.
Though initially the government had approved two units of 1,000 MW each for the Jaitapur plant, NPCIL is preparing a techno-economic evaluation report for EPRs of 1,600 MW too, Jain told PTI.
The estimated investment for the proposed six units, the first of their kind both in terms of investment and size of the generating unit, is expected to be over Rs50,000 crore, he said.
NPCIL will contribute 30% equity while the rest will be raised through various instruments, including multilateral loans and from markets, Jain said.
The plant will be located at Madban village in Rajapur Taluka of Ratnagiri district and this was notified in the Maharashtra state government gazzette on 12 January 2006 on the basis of the Centre’s sanction, he said.
EPR reactors are currently under construction in Finland and France. Germany is yet begin their construction, Jain said.
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First Published: Sun, Apr 08 2007. 02 32 PM IST