Nuclear Power Corporation of India Ltd. (NPCIL) will commission the 220-MW nuclear power plant Kaiga stage 4 project on Saturday.
The entire power will be supplied to the Southern Grid. Speaking at the India Energy Forum here, NPCIL Associate Director N. Nagaich said the commissioning of the project would be done by NPCIL Chairman and Managing Director S. K. Jain.
Mr. Jain said NPCIL would stop making nuclear power with capacity of 220 MW and 540 MW with the commissioning of the 220-MW of Kaiga unit.
In future, only over 700 MW nuclear power plants would be set up to make power projects of much higher capacity as NPCIL had acquired enough expertise for mega power projects over the years.
Mr. Nagiach said NPCIL would also like to focus on export of nuclear reactors and the company was in talks with a couple of neighbouring countries for export of nuclear reactors.
Responding to a query on Indian Oil Corporation's joint venture with NPCIL, Mr. Nagaich said the role of IOC in the joint venture was only to pump-in equity support and the balance would be organised and arranged by NPCIL .
Mr. Nagaich exuded confidence that financial resources would never be a constraint for NPCIL to commission its future nuclear power plants as it would successfully tie-up with resourceful players in the private sector through joint venture arrangements for mustering up financial support.