India’s government announced last Wednesday (May 17) that the country will build 10 new nuclear reactors with a combined capacity of 7,000 megawatts (MW). Together the new reactors will produce more power than the country’s current 22 reactors, which have a capacity of 6,780 MW. State-owned Nuclear Power Corporation of India operates the existing India-designed pressurized heavy water reactors. India’s goal is for 25 percent of its electricity to come from nuclear power by 2050, the World Nuclear Association says. While reactors are expensive to build, they are relatively cheap to run, and the country believes they will help with its push to supply the growing Indian population with cleaner energy. India has pledged to reduce carbon emissions by one-third by 2030 under the Paris Agreement.
Investing News 22nd May 2017 read more »