The Fukushima disaster is not slowing India's pursuit of nuclear power, but columnists Gunjan Bagla and Stephen B. Huttler say New Delhi needs more pro-nuclear policies
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| Image Source: NPCIL.nic.in |
India is the fifth-largest producer of energy in the world at 167,000 megawatts. But its large population means that per capita consumption is exceedingly low, just 50 watts, compared with 226 watts in Brazil and 1,460 watts in the U.S. In addition, power outages and brownouts are a daily drag on India’s economy. Virtually every successful business must depend on auxiliary electrical power in the form of battery backup, diesel generators, and more. To fill this gap, and to facilitate its goal of bringing hundreds of millions of its people out of poverty, India is seeking to deploy every form of electrical generation that it can access, including nuclear power.
India plans to expand its nuclear energy capacity from the current 5,000 megawatts to 63,000 megawatts by 2032, a target that will require upwards of $100 billion in investment. The 2008 Civil Nuclear Agreement between the U.S. and India opened the door for Western companies to compete for this substantial business. Reactor makers, equipment builders, engineering and construction companies, materials and parts suppliers, and a myriad of experts from overseas stand to gain from this bonanza.
Read More at: BusinessWeek

