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Nuclear Power generation Exceeds the Target, PFC & NPCIL SIGN MoU Print E-mail
Written by Vijay   
Friday, 05 November 2010
Mumbai: The electricity generation from the nuclear power plants in the country during the period Apr-Sep 2010 at 10853 million units has exceeded the target for the corresponding period by about 5%. With nineteen reactors in operation, the installed capacity at 4560 MW is about 8.2% of the capacity of electricity generation in thermal, nuclear and hydro of Central Sector.

Though faster capacity addition in power sector is taking place through reforms & restructuring, UMPPs, initiatives in renewable sector including Solar Mission, the energy shortage and peak shortage still continue to be at 10.1% and 13.3% respectively given that demand continues to outstrip supply.

In order to address this concern and to supplement the capacity addition in the longer term, Power Finance Corporation Ltd (PFC), the leading financier of power sector in India and Nuclear Power Corporation of India Ltd (NPCIL), the only player operating nuclear power reactors in India with an installed capacity of 4560 MW, entered into an MoU for facilitating the large capacity addition programme of NPCIL to set up nuclear power projects in India. The MoU was signed by Mr. Satnam Singh, CMD, PFC and Dr. S.K. Jain, CMD, NPCIL and BHAVINI.

Under this MoU, PFC intends to offer debt financing, equity financing and also consultancy services to NPCIL in order to facilitate NPCIL's large capacity addition programme.

The nuclear power generation in the period Apr-Sep 2010 is 23% higher than the generation during the corresponding period last year. This increase in generation has been possible through augmentation of fuel supplies resulting from the international co-operation in nuclear business and import of uranium for some of the Pressurised Heavy Water Reactors (PHWRs) and also increased supply of uranium from domestic sources. The use of imported fuel has enabled restart of Rajasthan Unit-2 after En-masse Feeder Replacement (EMFR) from September 2009, commencement of commercial operation of Units-5&6 from February and March 2010 and operation of Units-3&4 at full power from May 2010.

Similarly, the increased uranium supplies from indigenous sources has enabled operation of PHWRs fuelled by domestic uranium at a higher power level of about 70% and also restart of Narora Atomic Power Station, Unit-2 after En-masse Coolant Channel Replacement (EMCCR). Provision has also been made for commencement of commercial operation of Kaiga-4 towards the end of this year.

With this trend, the total generation in the year 2010-11 is expected to be about 10% higher than the target fixed for the corresponding period. Significantly a target of about 32,000 million units, 45% higher than the target for 2010-11, is being proposed in respect of the year 2011-12.

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