NPCIL to invest Rs 14,575 crore next fiscal

10 February 2020

Nuclear Power Corporation of India (NPCIL) is likely to spend Rs 14,575 crore next financial year, a 22% jump over the capital expenditure of Rs 11,890 crore in the current fiscal, according to the expenditure budget documents for 2020-21 tabled in Parliament.

Of the total spend, Rs 3,737 is likely to come from the centre’s budgetary allocation for next fiscal while the rest Rs 10,838 crore will be raised by the company through Internal and Extra Budgetary Resources (IEBR).

The capital outlay of Rs 3,737 crore received from the centre for 2020-21 is a 24% rise over the revised estimate of Rs 3,000 crore for the current financial year. The PSU acts as the nodal agency to undertake design, construction, operation and maintenance of atomic power plants in India.

Total investment by the central Public Sector Undertakings (PSUs) under the aegis of the Department of Atomic Energy is likely to stand at Rs 14,851 crore in the financial year ending March 2021. NPCIL alone accounts for 98% of that planned spending.

Major NPCIL projects currently under construction include Unit-3 and Unit-4 of the Pressurised Heavy Water Reactor (PHWR) at Kakrapar atomic power station, Gujarat. Both the units are of 700 Megawatt (MW) capacity.

The company is also commissioning two units of 700 Mw capacity each at the Rajasthan atomic power project. The expected date of commercial operation for Unit-7 is December 2020 while Unit-8 is likely to be commissioned in December 2021.

NPCIL is also planning to set up Light Water Reactor Unit-3 and Unit-4 of Kudankulam nuclear power project of 1,000 MW capacity. The projects are expected to be operational by March 2023 and November 2023, respectively.

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