India is sealing a deal with
Westinghouse Electric Co LLC to build six nuclear reactors in the first
half of next year. A senior Government Official confirmed the news. They
said they have signed a deal worth $150 billion.
The
power plant will be set up at Gujarat which is Indian Prime Minister
Narendra Modi's home state. Apart from this India plans to build six
more reactors and this will make India as the second-biggest nuclear
energy market after China.
India wants
to dramatically increase its nuclear capacity to 63000 megawatts (MW) by
2032 from 5780 MW and this is one of the ways to cut cost as well as
the dangerous Greenhouse gas emissions. Recently during the Climate
change meet at Paris, India promised to reduce the coal burn and avoid
Greenhouse gas emissions.
This reactor
can also make billions of dollars for India. Nuclear Power Corp of
India Ltd (NPCIL) is right now making all the arrangements. This is
indeed a good thing for India as well as Future India.