All technical and financial issues related to the project are planned to be resolved before the visit of French President E. Macron to India, scheduled for early 2023.
India and France have agreed to accelerate the implementation of a project to build a nuclear power plant (NPP) in the central Indian state of Maharashtra.
This was announced by the Indian Department of Atomic Energy after the meeting of the State Minister of Science and Technology of India, D. Singh, with the Secretary of State for Francophonie, Development and International Partnership of France, H. Zaharopoulou.
The parties discussed ways to speed up the installation of nuclear power reactors at the Jaitapur site in the Ratnagiri district of Maharashtra within the framework of 2-way cooperation.
All technical and financial issues related to the project are planned to be resolved before the visit of French President E. Macron to India, scheduled for early 2023.
Project characteristics
- France and India reached an agreement in principle to build a nuclear power plant at Jaitapur in January 2016;
- near Jaitapur in central India, it was supposed to build 6 French reactors with a capacity of 1.65 GW each;
- the project will be implemented by the French EDF;
- the estimated cost of the project was estimated by experts at 1 trillion rupees (more than 20 billion US dollars);
- these will be European EPR (European Pressurized Reactors) nuclear reactors – 3rd generation pressurized water reactors (PWR) developed by Areva.
- once completed, the plant’s capacity will reach 9.9 GW, making it the world’s largest nuclear power plant in terms of net generating capacity.
According to Agence France-Presse, 70 million homes will be provided with electricity thanks to the construction of a nuclear power plant in Jaitapur.
The project will also bring significant economic benefits to the French nuclear industry throughout the entire period of its implementation, creating tens of thousands of jobs in hundreds of enterprises.