\nNPCIL, the only company authorised to build power plants in the country, is currently negotiating import contracts with four international vendors \u2014 General Electric, Westinghouse, Areva and Rosatom.
\n\u201cWe have conveyed to them that there is no subsidy available to nuclear power, neither is there a plan of the government to subsidise, so the first and foremost requirement is that the project proposals must ensure that the tariff is comparable to any thermal plant. I am using the term \u2018comparable\u2019 and we are very confident on that front,\u201d he told Business Standard.
\nEven after factoring in the cost of waste disposal and decommissioning of the plant, this \u201ctariff is unlikely to be above Rs 4 per unit,\u201d he added. This is half the rate that industry officials were expecting.
\nAccording to a recently released estimate by the Central Electricity Regulatory Authority Commission (CERC), the typical power production cost per kWh with domestic coal is Rs 2.94 and Rs 3.50 without domestic coal. For hydro power stations the cost varies from Rs 1.79 to Rs 4.72 depending on the location, water flow pattern and age of the power plant.
\nJain also said that NPCIL is likely to be the sole nuclear reactor builder in the near future since it would take at least two or three years for the government to finalise rules and regulations for private sector participation.
\nNPCIL expects the country\u2019s nuclear capacity to increase to 30,000 Mw by 2020, from a base of a little over 4,000 Mw now.
\nThe plan is to set up four nuclear power parks based on imported light water reactors. Each park would ultimately scale up to 10,000 Mw of capacity.<\/p>\n","protected":false},"excerpt":{"rendered":"