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You are here: Home / Elsewhere / Nuclear investment

Nuclear investment

November 21, 2006 By Partha Bhattacharya Leave a Comment

Move over Salim group or Tata Motors, the biggest investment in eastern India is going to be Rs.60,000 crore for a mammoth nuclear power plant in Haripur in East Medinipore. It’s likely to have 6 units of 1650 megawatt each, making it possibly the largest nuclear power plant in the country.

To plain eyes it won’t be apparent, but perhaps the root of such massive nuclear plans lies embedded in the success of proposed India-US nuclear bill, which has received approval from US Senate a few days back. Pending its legislative status under US law and further unanimous approval from the Vienna-based 45-nation Nuclear Suppliers’ Group (NSG), it is still not certain that India will have the ‘green pass’ to import technology and machinery it needs for the nuclear power plants.

For the moment, NPCIL’s (Nuclear Power Corporation of India Limited) selection of Haripur is only a part of necessary groundwork it has to do prior to setting up a nuclear plant. So that as and when the international approvals come India’s way, there must not be any time to loose.

For Bengal, NPCILs’ is a prestigious investment, whose importance is not in terms of number of people finding employment – there may be few local people unless highly skilled – but in its long-term potential to spruce up the place for more investments.

Technorati Tags: nuclear, nuclear power, nuclear plant, power, power plant, npcil, npcl, bengal

Filed Under: Elsewhere, What Else

About the Author

Partha Bhattacharya is a coach and consultant for online course development and web content solutions. He is also the founder of HubSkills.Com.

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