India: Energy private investments worth 125 billion dollars – Magic Post

India: Energy private investments worth 125 billion dollars

 – Magic Post

After the space sector, India has opened the last borders, nuclear power, for private investments with the immediate potential of 125 billion dollars.

Gradually, private and foreign capital will be directed to replace the coal stations that are largely operating with a fleet of nuclear reactors and thus removing carbon from its economy.

First of all, 50 small compressed heavy water reactors will be lined up with 220 megawatts with an investment of $ 26 billion. Heavy contaminated industries such as steel, aluminum and minerals will be released from electricity from “benign” nuclear energy reactors according to the plans.

The state -owned nuclear energy company in India will participate with private sector investors and energy developers to create these small reactors. A presentation of the invitation of private participation and investments in this largely restricted field has been launched so far. The proposals are expected to be received by March 31.

Finance Minister Nermalla Sitramman announced the government’s intention to open the nuclear energy of private investors in the federal budget statement a few months ago.

The Babha Atomic Research Center, which is run by the government in India, designed these small nuclear nuclear power reactors to replace coal units country’s country’s power to help achieve goalless, targeted emissions.

Government officials revealed that the nuclear energy sector is supported by private capital, technology and the expansion market will help India achieve 500 GW green energy by 2070. According to the official data available, 100 GW will be created through nuclear energy by 2047.8180 megawatts or two in Only a hundred power capabilities in India.

Reports indicate that the government of Prime Minister Narendra Modi was about to move to simultaneous deals with major energy companies such as Reliace Industries, Tata Power, Adani Power and Vedanta to achieve Nuclear power 11,000 megawatts.

“The foreign capital obtained from private companies is what the government is currently viewed as a fixed option as sales to enter global nuclear energy players.”

In the past few years, there have been no discussions with companies such as General Electric and Westinghouse to create a lot of nuclear reactors production units.

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