Naveen Jindal Group To Set Up 18 GW Nuclear Projects In Nine States
Site assessments are being conducted on parameters that include land availability, water resources, geological and seismic suitability, transmission connectivity and regulatory readiness, the group indicated. Long-term project viability and access to cooling water and grid links are central to the selection process. The group is also in talks with various technology partners to finalise technical arrangements.
The plan envisages deployment of large modular reactors (LMRs) of 700 megawatt (MW) and above across the projects, with each plant sized to accommodate multiple reactor modules. The group official said the choice of reactors aims to combine scalable capacity with standardised designs to speed deployment. Project timelines are expected to span around three years from concept to commissioning for each unit.
Industry estimates cited by the group put capital expenditure at about Rs 150 bn–Rs 200 bn to establish one GW plant, where billion (bn) denotes 1,000 million. On the basis of those figures, building 18 GW would imply investments in the range of about Rs 2.7 tn–Rs 3.6 tn, where trillion (tn) denotes 1,000 billion. The group has indicated that it is engaging potential investors and technology suppliers as it advances feasibility studies.