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Nuclear Power Corporation of India to launch 16 new nuclear reactors

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Just the facts and an abstract of the FT article on this:

CHENNAI: The Nuclear Power Corporation of India Ltd (NPCIL) will launch 16 reactors at an outlay of Rs 2.3 trillion ($40 billion) during the 12th Plan period (2012-17), a top official of the atomic power operator said.

"We have to launch eight 700 MW pressurized heavy water reactors (PHWRs) and eight light water reactors (LWRs) involving a total outlay of Rs 230,000 crore (Rs 2.3 trillion). The LWRs will be from foreign companies," S K Jain, who retired Thursday as NPCIL chairman and managing director, said in an interview.

According to him, the eight 700 MW PHWRs would come up at Kaiga in Karnataka, Gorakhpur in Haryana's Fatehabad district, Banswada in Rajasthan and Chutka in Madhya Pradesh.


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