MODI GOVT TO BOOST JOB SECTOR

Jackey Motwani
Jackey Motwani
May 27, 2017
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MODI GOVT TO BOOST JOB SECTOR

The union cabinet has given approval to establish 10 heavy water reactors. The whole project is set to cost Rs 70,000 crore.

So far, this is India's biggest nuclear power project so far, and will take Prime Minister Narendra Modi's 'Make in India' idea to a new level. Currently, India's nuclear energy generation is at 6,780 MW.

Nuclear Projects

On May 17, Energy and Mines Minister Piyush Goyal told reporters that these 10 reactors will generate 7,000 megawatts of electricity.

Apart from enhancing the power sector, the project will create over 33,400 job opportunities for Indians directly or indirectly.

Goyal also told newsmen that the government plans to generate an extra nuclear 6,700 MW of energy by 2022. This will reduce carbon emissions and promote production of green energy.

According to media reports, Godrej & Boyce, Larsen & Turbo and Kirloskar Brothers have shown interest in the Rs 70,000-crore project.

"As the government clocks three years in its people-centered governance, in a first ever project for India's nuclear power sector, the new units will come up as a fully homegrown initiative", the government said in a statement.

These Pressurized Heavy Water Reactors will be installed under the auspices of Department of Atomic Energy.

The reactors are planned to be installed in Rajasthan, Karnataka, Madhya Pradesh, and Haryana

The sites where reactors will be set up include Mahi Banswara (Rajasthan), Chutki (Madhya Pradesh), Kaiga (Karnataka) and Gorakhpur (Haryana).

PTI says that "The cabinet's decision shows the government's commitment to making the use of clean power in India's energy mix a priority. It also enhances India's commitment to sustainable development, self-sufficiency, and boosts global efforts to control climate change."

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