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Released on Friday, July 12, 2013

Power

India's $4.7 Billion Chutka Nuclear Power Project Begins Construction

The construction of two 700-megawatt pressurized heavy water reactors for the nuclear power project at Chutka in Madhya Pradesh will involve an investment of about $2.7 billion by

Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--The construction of two 700-megawatt (MW) pressurized heavy water reactors (PHWRs) for the nuclear power project at Chutka in Madhya Pradesh will involve an investment of about $2.7 billion by state-owned Nuclear Power Corporation of India (NPCIL) (Mumbai, India). The overall project cost is estimated to be $4.7 billion.

The initial cost estimate for the project, made in June 2011, was $1.9 billion, according to the draft environmental assessment (EIA). The EIA report, prepared by the National Environmental Engineering Research Institute (NEERI) at Nagpur, has given in-principle approval to setting up PHWRs at five sites. The PHWRs are expected to provide a cumulative generating capacity of 11,200 MW.

The project will cover 497.73 hectares, of which 67.7 will be for residential use for employees; the balance will be used for the power plant. NPCIL is scheduling the completion of the first unit by December 2020 and the second by June 2021.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
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