'Nuclear power will be competitively priced'

'Nuclear power will be competitively priced'

Q - How will you keep costs competitive if you’re not bidding out the contracts?

A - We’ve indicated very clearly to all the vendors that there are no subsidies and so the power has to compete with other energy resources in the country. So the project proposals, which will be jointly worked out, must ensure that the tariff is comparable to that from any thermal plant.

Q - The benchmark price from the Sasan ultra-mega project is Rs 1.20 per unit …

A - That’s the ‘levellised’ cost – since our project life is 60 years, we’ll be better on that. Today’s tariff for Sasan will be Rs 4-4.5 while our tariff will not be more than Rs 4 per unit, and that includes the cost of everything including waste disposal and decommissioning.

This Sounds Promising

SK Jain, (Chairman & Managing Director of Nuclear Power Corporations Of India Ltd) has been consistent about the power costs from the nuclear power. In this interview he lays out the ground.

While the political criticism was expected, adequate - the surprise was the lack of critical analysis from 'experts also.