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India may sell low-cost reactors
India’s nuclear establishment is riding high after the Kaiga 3 nuclear power reactor, developed by Indian engineers, achieved criticality early this week.
Updated : Nov 19, 2013, 11:17 PM IST
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NEW DELHI: India has not only stepped up its diplomacy with the Nuclear Suppliers Group (NSG) countries to allow it to access civil nuclear technology and fuel but may also become a supplier of low-cost nuclear reactors to other countries by joining the NSG.
India’s nuclear establishment is riding high after the Kaiga 3 nuclear power reactor in Karnataka, developed by Indian engineers, achieved criticality early this week. The 220 MW pressurized heavy water reactor (PHWR) will start delivering power at the end of this month. Glowing in the success of this venture, Anil Kakodkar, chairman of the Atomic Energy Commission, has said that completing the nuclear power plant, along with low costs, in five years has set an international benchmark.
Given the low costs - Rs 984 ($22.33) per installed KW — Nuclear Power Corporation of India Limited (NPCIL) is now eyeing the export market for nuclear reactors. India is confident of exporting the design to countries like Cambodia, Indonesia, Thailand and Vietnam for just Rs 1,200 ($27.24) per KW, which is substantially less than the international average of $1,500 per KW, an NPCIL official said.
With the lucrative export market for low-cost nuclear reactors in mind and its new international standing driven by its growing economy and a defining civil nuclear deal with the US, India also plans to make a pitch for joining the NSG at an appropriate time, sources said.
But before India, a non-signatory to the Nuclear Non-Proliferation Treaty, actually starts exporting nuclear reactors, it must first win support of the 45-nation NSG that controls global trade in nuclear technology and fuel for the India-US civil nuclear deal.
The NSG will, however, take a call on India’s case only after New Delhi and Washington have finalised a bilateral civil nuclear cooperation agreement.
