Bharatiya Nabhikiya Vidyut Nigam project director Prabhat Kumar said the reactor will require an investment of $1.3bn and the additional six reactors will each have a capacity to generate 500 megawatts of power.
According to the Planning commission, India is planning to increase its nuclear capacity to 60GW by 2030, reports Bloomberg.
Indian Prime Mininster Manmohan Singh said that after a review on safety measures at the country’s atomic projects, the country is proceeding with remaining construction of the nuclear reactor.
The government and Nuclear Power Corp. of India will provide 80% of the funds for the Kalpakkam reactor project.
