Hindalco submits proposal to NPCIL for 220 MW Bharat Small Reactors
Hindalco Industries has submitted a formal proposal to Nuclear Power Corporation of India Limited (NPCIL) to set up 220 MW Bharat Small Reactors under a captive model, becoming the only company among the private industrial players that had expressed interest to move forward with a concrete bid.
Tata Power, Reliance Industries, Jindal Steel, JSW Energy and Adani Power had earlier shown interest in the programme and completed preliminary formalities. However, Hindalco, part of the Aditya Birla Group, is the only company to have submitted a formal proposal to NPCIL.
Captive model
Under the proposed arrangement, Hindalco will provide the land and cooling water required for the project and fund the entire capital investment.
The company will also bear the operating, fuel, waste management and decommissioning costs associated with the reactors.
NPCIL will be responsible for reactor design, quality assurance, construction supervision, and operation and maintenance.
In return, Hindalco will receive the entire electricity output from the reactors for captive consumption. It will pay NPCIL an expertise fee linked to electricity generation.
The proposal represents an early step in India’s effort to enable private industrial participation in nuclear power, with Bharat Small Reactors intended to provide reliable, clean baseload electricity for captive industrial requirements.
The featured photograph is for representation only.
