The Union Cabinet of India, led by Prime Minister Narendra Modi, has approved the construction of 10 additional pressurised heavy water reactors (PHWR) in the country.
The total installed capacity of the plants will be 7,000MW. The project is expected to boost to the economy, with the orders worth INR INR700bn ($10.8bn) likely to be placed with the domestic industry.
At present, India has installed nuclear power capacity of 6780MW from 22 operational plants. Additional 6,700MW of nuclear power is expected to be operational by 2021-22 through projects that are under construction.
The facilities will be constructed in “fleet mode” to bring substantial economies of scale and maximise cost and time. The project is expected to create over 33,400 jobs in direct and indirect jobs.
“The design and development of this project is a testament to the rapid advances achieved by India’s nuclear scientific community and industry.
“It underscores the mastery our nuclear scientists have attained over all aspects of indigenous PHWR technology. India’s record of building and operating PHWR reactors over the last nearly forty years is globally acclaimed,” the Indian government said in a statement.