After being faced stiff resistance from anti-nuclear power activities for
more than a year now, the
Kudankulam Nuclear Power Project is all set to start power production by the
end of June. Will this reduce the power
shortage of the state, which has been reeling under acute power outage for the
last few months?
“Kudankulam
Nuclear Power Project will start energy production of 1,000 MW in the next 20
days as majority of the work on the plant has been done with, we are just
awaiting the clearance from the Atomic Energy Regulatory Board (AERB),” V.
Narayanasamy, Minister of State for Parliamentary Affairs said while
inaugurating the “4th International Conference on Nuclear Energy” organized by
the Nuclear Energy Group of the Associated Chambers of Commerce and Industry of
India (ASSOCHAM).
Narayanasamy
also expressed as the need to open up foreign direct investment (FDI) in the
nuclear energy sector for India to achieve the target of 63,000 MW of nuclear
power production by 2032 of the total installed capacity of about 7,78,000 MW.
On the first phase, he suggested FDI in this sector on country to country basis
and in the second phase could consider for opening up for FDI.
Reaffirming
the safety standard at Kudankulam, Narayanasamy, pointed out that the nuclear
power plant was protected by seven layers of safety systems.
On FDI in
nuclear power generation industry, the Minister disclosed that step by
step discussions were going on regarding the limits of civil liability on the
part of different entities involved in the construction and operation, final
sing of why would enable FDI inflow. He endorsed the ASSOCHAM president
Rajkumar Dhoot’s observation that Indian industry was keen to participate
in the manufacture of the reactors and components.
Responding
to the ASSOCHAM chief’s concern on shortage of power the minister said, “India
is facing an acute paucity of power to the extent of about 45,000 MW and thus,
we are taking positive steps in this direction and we need to promote usage of
nuclear power which is the second most significant option for power production
as there is an uncertainty vis-à-vis availability of coal which is a major
source of energy production in India’s context.”
“The nuclear power capacity in India is likely
to cross 10,000 MW by 2017 on progressive completion of seven nuclear power
reactors which are under various stages of construction,” said Narayanasamy,
adding, “While, it is likely to reach 6,780 MW by the end of the current
financial year from about 4,780 MW currently after the completion of Kudankulam
project.”
The
minister also said that we are close to using the vast thorium resources in
nuclear reactors for power generation and the Kalpakkam power plant where 75
per cent of work is complete, would be India’s first nuclear power plant where
we have utilized the thorium resources.
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