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« Chinese Uranium Company Pulls Out of Niger | Main | Florida Needs More Nuclear Energy »

India to Double Nuclear Energy Generation

The State of Orissa in India is considering a proposal to build a 4,000 to 6,000-megawatt capacity nuclear power plant, which would double the country's nuclear power generation which is about 4,120 MW at the moment.

India to Double Nuclear Energy Generation

The plant is being proposed in the light of the US government's offer of technology under the bilateral nuclear cooperation agreement with India.

S Thakur, executive director, planning, at NPCIL (Nuclear Power Corporation of India Ltd) said:
“In anticipation of India being able to get international cooperation and access to nuclear technology, we are thinking of setting up large capacity nuclear power plants in coastal locations which be of the order of 6,000 MW to 8,000 MW." Mr Thakur also said that he was sure “money will not be a constraint”.

He also said that the prospect of importing good quality uranium from overseas had “brightened chances” for the nuclear power plant.

Well, I wonder where this uranium from overseas is going to come from?

Perhaps from one of our uranium stocks?

It looks like our uranium stocks stand to make a ton of money especially as “money will not be a constraint”

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Reader Comments (3)

INDIA has signed an agreement with Russia for the supply of 3300 tons of uranium, as supply constraints had forced India to run many of their nuclear plants at less than half their operating capacity, according to Indian national newspaper reports. What does this imply for world uranium prices?

February 17, 2009 | Unregistered CommenterK. Bedi

again, no mention of the u.s. as the nuclear world marches on. a japanese consortum has locked up one of australia's uranium producing companies; the u.s. ALREADY imports 80% of nuclear needs, not to mention oil products. well, it's not going to be pretty. load up on explorers with 'pounds in the ground'.

February 21, 2009 | Unregistered Commenterrichard mruz


January 25, 2011 | Unregistered Commentergood

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