The Fast Reactor Fuel Cycle Facility (FRFCF) coming up in Kalpakkam near here has got a funding boost of Rs 750 crore in the interim budget for 2019-20, up from Rs 650 crore estimated for 2018-19.
According to the budget papers, the outlay for FRFCF is Rs 750 crore in the interim budget for 2019-20 presented in Parliament by Finance Minister Piyush Goyal on Friday.
The purpose of FRFCF is to reprocess the spent fuel of the prototype fast breeder reactor (PFBR) that is being built at Kalpakkam and also for two other fast reactors expected to come up there.
Earlier, Indira Gandhi Centre for Atomic Research (IGCAR) officials had told IANS that the FRFCF project would involve an outlay of Rs 9,600 crore and would employ 1,500-2,000 people.
When completed, this would serve as a fuel processing facility for fast breeder reactors. A fast breeder reactor is one which breeds more material for a nuclear fission reaction than it consumes. It is the key to India's three-stage nuclear power programme.
--IANS
vj/rs/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app