Monday, March 22, 2010

NUCLEAR: India for 35000MW by 2020

India is expected to produce 35000 MW nuclear power by 2020, Atomic Energy Commission chairman S Banerjee said in Mumbai on Sunday. But the nuclear power will account for less than 10 per cent of the total demand in 2020. By that time India’s demand for power will reach 350,000MW.
India’s nuclear power generation programme needs support from the private sector. Government is not doing every thing. Private support is required extensively. But private players can play only a minor role in power generation. No private company can jump into production which does not have the expertise.

Many joint ventures are in the pipeline, including that of private-public partnership model, for nuclear power. NTPC has already signed an agreement with Nuclear Power Corporation of India. There are a lot of activities going on and companies like Nalco have also come forward to enter nuclear power generation.
 
Recently, L&T and Nuclear Power Corporation announced a joint venture for equipment manufacturing, where L&T owns the controlling stake.

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