Private players can participate in n-power projects: FICCIOctober 2nd, 2008 - 5:51 pm ICT by IANS
New Delhi, Oct 2 (IANS) A day after the US Senate gave a resounding 86-13 approval to the historic India-US nuclear deal, the Federation of Indian Chambers of Commerce and Industry (FICCI) Thursday urged the government to immediately initiate the next steps for building nuclear power generation capacity in a big way.According to the FICCI, the Indian private sector has already acquired capabilities for participating in nuclear power projects.
Private sector investors should be allowed to have majority ownership in power projects, the industry forum said. This will boost private investment in nuclear power sector.
The country has the potential to generate 60,000 MW of nuclear power over the next 25 years, which needs an investment of over $100 billion.
The government is already vetting 10 nuclear power projects.
Companies like National Thermal Power Corp (NTPC), Reliance Energy, Tata Power, Larsen and Toubro, and Bharat Heavy Electricals Ltd can now look forward to working as partners with international companies like General Electric, Westinghouse, Areva and Atomstroy in the field of nuclear energy generation.
- 'Pact with France soon for Jaitapur nuclear plants' - Jun 16, 2012
- India to launch 16 new nuclear reactors - Jun 01, 2012
- Spain's nuclear sector eyes growth in China - Apr 06, 2012
- India seeks US investment in power sector - Sep 20, 2011
- Areva joins Reliance to set up solar power plant - Apr 13, 2012
- New Nepal energy rule to shake up Indian investors - Aug 23, 2011
- Tamil Nadu hopes to save Rs.900 crore in Udangudi project - Feb 29, 2012
- Asian nuclear conference starts Monday - Oct 09, 2010
- ADB signs JV to develop renewable energy in India - Nov 24, 2010
- Larsen and Toubro bags order worth Rs.3,500 crore - May 16, 2011
- South Korea to invest $1 bn on energy sector - Mar 20, 2012
- Areva wins $26 mn order - Feb 17, 2010
- China to allow private capital in power industry - Jun 19, 2012
- Chavan allays industry fears on nuclear bill - Sep 25, 2010
- FICCI calls for radical policy reforms in energy sector - May 07, 2012