You are here: Home » Current Affairs » News » National
Business Standard

India-Canada uranium supply deal to boost nuclear power generation

Accord will help plants run at higher plant load factor

Sanjay Jog  |  Mumbai 

Prime Minister Narendra Modi addresses a crowd during Indian Diaspora Event, at Ricoh Coliseum, in Toronto, Canada on Wednesday, 16 April 2015 Picture by PTI

India’s move to enter into a commercial contract with Canada for the supply of 3,000 tonnes of uranium over five years will help achieve continuous and sustained power generation and higher plant load factor of the nuclear power plants in the country.

Canada is the third country to supply uranium to India after Russia and Kazakhstan. The supplies will be under the International Atomic Energy Agency (IAEA) safeguards. India also signed a civil nuclear deal with Australia in September last year to sell uranium.

Currently, 21 nuclear power plants operated by Nuclear Power Corporation of India Ltd (NPCIL) have a generation capacity of 5,780 Mw. Of these reactors, the supply of imported uranium is currently made to 11 reactors with generation capacity of 2,620 Mw, which are under the IAEA safeguards.

The list of these reactors include Tarapur units 1 & 2 (420 Mw), Narora units 1 & 2 (440 Mw), Kakrapar units 1 & 2 (440 Mw) and Rajasthan units 2 to 6 (1,080 Mw). The unit 1 of the Rajasthan plant has completed its life and is not under operation. Kudankulam’s 1,000-Mw reactor has been assured lifetime supply of enriched uranium from Russia.

NPCIL and Russian supplier AtomStroyExport have signed a deal for the initial supply of two VVER 1,000 reactors for the Kudankulam project.

All these reactors running on imported uranium have a plant load factor of 85 per cent.

NPCIL Executive Director N Nagaich told Business Standard, “Availability of uranium will help sustained operation of reactors under IAEA safeguards.” He further said diverse sources of uranium supply are always welcome.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, April 16 2015. 23:55 IST
RECOMMENDED FOR YOU
.