Once completed, the 10 reactors of 700 MW each will give much needed fillip to the domestic nuclear industry.
The Pressurised Heavy Water Reactors (PHWRs) will be developed by the Department of Atomic Energy.
"A total of 7000 MW capacity will be added. It will help produce clean energy," Union Power Minister Piyush Goyal said.
India currently has installed nuclear power capacity of 6780 MW from 22 operational plants. Another 6700 MW of nuclear power is expected to be added by 2021-22 when currently under-construction projects go onstream in Rajasthan, Gujarat and Tamil Nadu.
"As the government marks three years of its nation and people-centric governance, in a first of its kind project for India's nuclear power sector, the 10 new units will come up in fleet mode as a fully homegrown initiative. It would be one of the flagship Make in India projects in this sector," a government statement said.
With likely manufacturing orders of close to Rs 70,000 crore to the domestic companies, the project is expected to help transform Indian nuclear industry and likely generate more than 33,400 jobs in direct and indirect employment.
"It also supports India's commitment to sustainable development, energy self-sufficiency, and bolsters global efforts to combat climate change.
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
