"Kota plant is coming up.Civil work is going on...Initial project is nearly Rs 2,000 crore plus... This is the new project (Kota) Rs 2,000 crore plus," he told reporters on the sidelines of NFC Day-2018.
NFC, Hyderabad is engaged in the manufacture and supply of fuel assemblies and reactor core structural components for all the operating Pressurized Heavy Water Reactors (PHWRs) and Boiling Water Reactors (BWRs) in the country.
The Kota plant makes 'tubes', which is a part of the process of manufacturing fuel, he said.
Referring to the Centre's decision to construct 10 indigenous pressurized heavy water nuclear reactors with a total capacity of 7,000 MW, Srivasatva said the NFC is gearing up for the task of supplying fuel.
"So, we have to supply all the nuclear fuel for all the upcoming reactors. Ten reactors means 7000 MW," he said.
They appreciated the contribution and efforts of NFC in fuel manufacturing.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)