India's 'nuclear renaissance'

 The next phase of India’s civilian nuclear programme has been kickstarted with India signing a deal to buy reactors from the French firm Areva. Two other reactors are being set up by the Russians and will be commissioned next year. And if there were any fears that India’s indigenous nuclear programme might be overshadowed by imports, they have clearly been put to rest with the Nuclear Power Corporation of India setting up eight new units using its own heavy water reactor technology.

What this means for the Indian industry is a `130,000 crore opportunity over the next 10 years as India races to its target of 20,000 megawatt (MW) of nuclear power by 2020 and an even more ambitious target of 63,000 MW by 2032. We currently have an operational capacity of 4,780 MW in the country. “This is a huge opportunity as all the balance of plant will be procured by NPCIL from Indian companies,” says Dr Shreyans Kumar Jain , chairman and managing director of NPCIL.More at:
http://economictimes.indiatimes.com/features/sunday-et/business/Indias-nuclear-renaissance/articleshow/7085559.cms