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India will add 16 nuclear reactors by 2017 for $40bn

The Nuclear Power Corporation of India (NPCIL) plans to launch 16 nuclear reactors during the 12th Plan period (2012-2017). Total investment will reach Rs 2.3 trillion ($40bn).

NPCIL plans to commission eight 700 MW pressurised heavy water reactors (PHWRs), at Kaiga (Karnataka), Gorakhpur (Haryana), Banswada (Rajasthan) and Chutka (Madhya Pradesh) and eight light water reactors (LWRs, that would be supplied by foreign companies).

NPCIL is already building four 700 MW PHWRs, two at the Rajasthan Atomic Power Station (units 7 and 8) and two at Kakrapara in Gujarat.

NPCIL has a current capacity of 4,780 MW; with the new additions of 4,800 MW, capacity should reach 9,580 MW in 2017. A 500 MW reactor to be commissioned by another company, Bhavini, will take India's installed nuclear power capacity to 10,080 MW by the end of the 12th Plan.

This will be three percent of the 300 GW generation capacity planned by 2017 (around 200 GW installed in 2011).