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India signs deals for 2 MORE nuclear reactors.

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 02:57 PM
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India signs deals for 2 MORE nuclear reactors.
Edited on Tue Apr-27-10 03:00 PM by Statistical
State-owned power utilities NTPC and Nuclear Power Corporation Tuesday inked a deal here to set up a joint venture to construct two nuclear power projects with the provision of setting up more such units in future. The joint venture will have NPCIL holding a 51 percent equity stake, while NTPC will own the rest.

The new company will operate about 1,400 MW of capacity with two reactors of 700 MW each.

..

With an installed capacity of 31,704 MW, NTPC is largely dependent on coal (about 82 percent) and gas for generating electricity. The company has begun to diverisfy into other power generating streams and is focusing on its renewable energy portfolio. By 2017, the company plans to have at least 1,000 MW through renewable energy resources such as wind, hydro, solar, biomass and geo-thermal.

...



Add India to the long and growing list of governments and individuals who just don't realize that "nuclear power is dead".
NTPC uses 82%+ fossil fuels? Ouch. That is almost as bad as nuclear free Oklahoma (92% fossil fuels).
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