India’s Modi nuclear push gains traction with new plants on way

 

Bloomberg

India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum.
A venture between NTPC Ltd., which relies mostly on coal to supply energy to the world’s fastest growing population, and India’s monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh, according to people familiar with the matter, who asked not to be identified as the discussions aren’t public.
That comes on the heels of an announcement earlier this month from NTPC, which said it’s seeking to make its nuclear power debut with two reactors at Gorakhpur in the northern state of Haryana. The country is currently building six gigawatts of nuclear capacity, the most after China, which has nearly three times that volume under construction, according to the International Atomic Energy Agency.
Modi is aiming to more than triple India’s nuclear fleet over the next decade.

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