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GOVERNMENT OF INDIA
MINISTRY OF ATOMIC ENERGY
LOK SABHA
UNSTARRED QUESTION NO: 486
ANSWERED ON:  01.12.2021
Investment in Atomic Energy Sector
Dharambir Singh
Will the Minister of



ATOMIC ENERGY be pleased to state:-


(a) whether domestic investment is not adequate for the production of atomic energy in the country;

(b) if so, the reasons therefor and the details thereof;

(c) whether any scheme has been formulated to promote domestic and foreign direct investment in atomic energy sector;

(d) if so, the details thereof;

(e) whether there is any plan to set up a plant in Haryana for the production of atomic energy; and

(f) if so, the details thereof?



ANSWER
THE MINISTER OF STATE FOR PERSONNEL, PUBLIC GRIEVANCES & PENSIONS AND PRIME MINISTER’S OFFICE (DR.JITENDRA SINGH):

(a)&(b) There are presently twenty two (22) reactors with a capacity of 6780 MW in operation and one more reactor KAPP-3 (700 MW) has been connected to the grid on January 10, 2021. In addition, ten (10) reactors, with a total capacity of 8000 MW (including PFBR being implemented by BHAVINI) are presently at various stages of construction / commissioning. The Government has also accorded administrative approval and financial sanction for ten (10) more reactors with an aggregate capacity of 7000 MW in June-2017. The capital investment for the nuclear power projects is being funded with a debt to equity ratio of 70:30. The equity part is funded from internal resources of NPCIL and Government Budgetary Support.


(c)&(d) The present policy (Consolidated FDI Policy of Government) puts atomic energy in the list of prohibited sectors. However, there is no restriction on FDI in the nuclear industry for manufacturing of equipment and providing other supplies for nuclear power plants and related other facilities. Government of India has amended the Atomic Energy Act, 1962 in 2015 to enable the licensing of NPCIL’s Joint Ventures for setting up nuclear power projects. To boost domestic investment, Joint Ventures have been formed by NPCIL with public sector majors viz. National Thermal Power Corporation Limited (NTPC) and Indian Oil Corporation Limited (IOCL).

(e) Yes, Sir.

(f) Four indigenous Pressurised Heavy Water Reactors (PHWRs), each of 700 MW are to be set up at Gorakhpur in Fatehabad district of Haryana. These are planned in two phases of twin units – GHAVP 1&2 (2X700 MW) and GHAVP 3&4 (2X700 MW). Construction activities have started on the first phase (GHAVP 1&2), while pre-project activities for second phase (GHAVP-3&4) are in progress.

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