Minister of State in PMO Jitendra Singh said the nuclear reactor is being developed indigenously. It is expected to be functional by 2020 or one or two years more thereafter, he said during Question Hour.
The reactor is being developed by Bhaba Atomic Research Centre.
Singh also said the reactor would help in ensuring optimal use of thorium. India has one of the largest sources of thorium resources which is a matter of pride, he said.
"Till October, 2014, AMD has established 2,14,158 tonnes in-situ U3O8 (1,81,606 tonnes uranium) resources and 11.93 million tonnes of in-situ resources of monazite resources, which contains about 1.07 million tonnes of Thorium Oxide (ThO2)," he said.
According to the Minister, four districts in Chattisgarh have been identified for possible exploration of uranium.
Besides, the country also has rich sources of monazite.
In the current Five Year Plan period (2012-17), the target is to explore 5,000 sq km for radioactive minerals and out of that, about 750 sq km have already been completed.
There has been 25 per cent increase in overall uranium and monazite resources worldwide, including India, over the last ten years.
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