Government's decision to set up 10 atomic power plants to generate 33400 jobs, Rs 70000-crore opportunity

Seeking to ramp up India's domestic nuclear power production, the Union cabinet on Wednesday cleared a proposal to indigenously build 10 atomic reactors, the largest ever approval granted for such facilities in one go.This marks India's biggest expansion in nuclear power capacity, currently at 6,780 mw, and will be a flagship Make in India project, the government said. Another 6,700 mw of projects under construction will be ready by 2022, enewable energy and mines minister Piyush Goyal told reporters




"The decision reflects strength of India to set up its own nuclear capacity. This will lead to domestic orders for manufacturing worth Rs 70,000 crore," Goyal said after a cabinet meeting on Wednesday. The plants will be set up by Nuclear Power Corporation of India on its own and in joint ventures with other state-run companies like NTPC, Goyal said.