Aug 242012

New Delhi, Aug 23 (ANI): Minister of State in Prime Minister’s Office V. Narayanasamy on Thursday informed that India can develop world’s cheapest nuclear reactors with an amount of US $ 1700 per unit for a 700 MW reactor when compared to an average US $ 2,500 and US $ 3,000 in the world.

The below information was given by Narayanasamy in a written reply in the Rajya Sabha today.

The completion cost of the indigenous 700 MW Pressurised Heavy Water Reactors (PHWRs) presently under construction is about 1700 USD/kWe.

The overnight costs of South Korean reactors OPR-1000 and APR 1400 are 1876 USD/kWe and 1556 USD/kWe respectively, as per the International Energy Agency’s publication “Projected Costs of Generating Electricity” 2010 Edition.

The overnight cost of Indian 700 MW PHWRs is about 1150 USD/kWe at 2008 prices.

The quality of Indian nuclear power reactors is comparable to those in other countries of the world including South Korea. (ANI)

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