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.

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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