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Tuesday, January 9, 2007

BEST OPTION – NUCLEAR POWER

Technically speaking, nuclear power is one of the strong options for electricity generation in the future. Definitely, considering the present growth rate, the future requirement of electricity is so great that no single option will be able to provide for the requirement. Environmentally safe power mix, such as hydro, nuclear, solar and wind should be seriously considered, without any bias, for sustaining the projected growth. May be, initially, to tide over the crisis, more of thermal power (gas or coal based), with less gestation period and less investment need to be considered.

If finally the INDO-US nuclear deal is forthcoming, India can multiply fast the number of PHWR reactors, in public as well as private sectors, such as NTPC and Reliance Energy. Private participation will go a long way to realize the projected growth in the nuclear power sector. However, the radiological safety should be ensured jointly in collaboration with the Government.

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