Latest news with #NuclearPowerCorporationofIndiaLimited
The Hindu
6 days ago
- General
- The Hindu
Construction of KGS Units 5, 6 picks pace; first pour of concrete to commence by November
As the excavation has been completed, the construction activities of the Kaiga Generating Station Units 5 and 6 (KGS 5 and 6) Pressurised Heavy Water Reactor units with a total capacity of 1,400 MW have gained momentum, and the first pour of concrete is expected to commence by November. Briefing the press at the Media Outreach Programme at Kaiga site of Nuclear Power Corporation of India Limited (NPCIL) in Uttara Kannada district on Tuesday, Kaiga Site Director B. Vinod Kumar said that the project cost of ₹21,000 for KGS Units 5 and 6 was to be released over a period of five years. He said that KGS Unit-1, which was under shutdown owing to En Masse Coolant Channel Replacement (EMCCR) and En Masse Feeder Replacement (EMFR) exercises, would last for 18 months and is scheduled to resume operation on October 30, 2026. Mr. Vinod Kumar said that the four units at the Kaiga site had set benchmarks comparable with international standards, and ever since the commercial operation of the units began, the Kaiga site had generated a total of 1.3 lakh million units of power and had avoided the generation of about 1.2 lakh tonnes of carbon dioxide. CSR 'As part of its Corporate Social Responsibility initiatives, so far, ₹110 crore has been spent by NPCIL-Kaiga. Additional ₹20 crore has been spent towards conservation of wildlife at Kali Tiger Reserve,' he said. Refuting the allegation of locals not being given preference, Mr. Vinod Kumar clarified that out of the 2,057 contract workers, 1,759 (84%) belonged to Karnataka, and of them, 1,601 were from Uttara Kannada district. And of the 595 Group B and C employees, 483 (81.3%) were from Karnataka, he said. Coaching Regarding the recruitment notification of 390 vacancies, he told the press that as it was an all-India examination, they would be offering coaching to the local youths to prepare for the competitive examination. He also clarified that they had taken steps as per the direction of the National Green Tribunal (NGT) and were expecting approval for KGS Units 5 and 6. In response to a query, Head of Corporate Communication of NPCIL, Umed Yadav, said that after the commissioning of KGS Units 5 and 6, 50% of the power generated would go to Karnataka. Senior officials of various KGS units, K. Sriram, Jawahar Singh, S.K. Ojha, Umedkumar Yadav, Suvarna Gaonkar and others were present.
India.com
6 days ago
- Business
- India.com
Private companies may soon join India's nuclear sector, govt working on special code, may bring changes in key laws to...
Private companies may soon join India's nuclear sector, govt working on special code, may bring changes in key laws to... The Indian government is thinking about allowing private companies to take part in the nuclear energy sector. Right now, only government-owned companies are allowed to work in this field. To make this possible, the government may change some existing laws or bring in a new law. According to various media reports, the government wants to give a chance to private companies that are already established and have experience in handling big projects. They will also check if these companies are financially strong and stable before allowing them to enter the nuclear energy sector. Government may change the law in nuclear energy sector To allow private companies to actively take part in the nuclear energy sector, the government had proposed changes to two important laws in the Budget: Atomic Energy Act Civil Liability for Nuclear Damage Act The Civil Liability Act was made to ensure there is protection and proper compensation in case of a nuclear accident. Earlier, private companies were worried about having to pay compensation if any accident happened. Because of this fear, they stayed away from investing in nuclear projects. Now, as per reports, the government is planning to change both these laws so that private companies feel safe and confident to invest and work in the nuclear energy field. Steps being taken under 'Viksit Bharat 2047' The government will evaluate private companies before allowing them to work in the nuclear energy sector. This evaluation will be done either by the government itself or by an agency appointed by the government. The evaluation will check things like: The company's financial strength Technical ability Work experience Past performance and safety records This step is part of India's larger vision under the 'Viksit Bharat 2047' (Developed India 2047) mission. Currently, India has 23 nuclear power plants that produce about 8.8 gigawatts of electricity. These are all owned and run by the Nuclear Power Corporation of India Limited (NPCIL). The government aims to increase this to 22 gigawatts by 2032, and further to 100 gigawatts by 2047. Bringing in private companies is seen as a way to help speed up growth and meet these big targets on time.
Hindustan Times
19-07-2025
- Hindustan Times
Noida: 60-year-old's phone hacked, ₹12.30 lakh stolen over ‘ ₹12 gas bill'
Cybercriminals allegedly hacked the mobile phone of a 60-year-old man on the pretext of a pending Indraprasthra Gas Limited (IGL) bill and siphoned off ₹12.30 lakh in Noida on July 11, police said on Friday, adding that a case was registered at the cybercrime branch police station. The victim, Brij Bhusan Prasad, who worked with the Nuclear Power Corporation of India Limited (NPCIL), lives with his family in a high-rise in Noida Sector 74, police said. (Representational image) The victim, Brij Bhusan Prasad, who worked with the Nuclear Power Corporation of India Limited (NPCIL), lives with his family in a high-rise in Noida Sector 74, police said. In his complaint to police, Prasad said that on July 11, he received a call. 'When I answered the call, the caller informed me that I have a pending payment of ₹12 on my IGL bill,' he said. Police said that following the conversation, the suspect sent him a link on WhatsApp and asked him to make the payment. 'When he opened the link, followed the suspect's instructions, and clicked on 'Yes', his mobile phone was hacked,' said Ranjeet Singh, station house officer, cybercrime branch. During the hack, the victim's screen display froze, making him unable to disconnect the call, police said. 'During that period, the suspect managed to divert his calls and messages and siphoned off ₹12.30 lakh from his savings bank account and credit card in multiple transactions,' said Singh. After two days, when the victim received some messages from the bank, he came to know about the fraud, police said. A case under sections 318 (cheating) and 319 (cheating by personation) of the Bharatiya Nyaya Sanhita and the IT Act was registered on Thursday. 'Efforts are underway to identify the suspect and recover his money,' added SHO Singh, while urging people not to click on any link provided by someone over the phone or social media. An official spokesperson of IGL, requesting anonymity, said, 'We have been sensitising our customers for the past six months through WhatsApp and on social media to not click on any links provided by cybercriminals posing as IGL employees.' 'In many cases, people are threatened that their connection will be cut off by the end of the day due to a pending bill. However, IGL communicates only through official channels. People are advised to verify the authenticity before proceeding,' said the spokesperson.
New Indian Express
19-05-2025
- Business
- New Indian Express
Govt considering amendments to Atomic Energy Act, nuclear liability law
NEW DELHI: Government is considering amendments to the laws governing the nuclear power domain, including the sectoral regulator, to allow participation of private sector as India eyes to produce 100 GW atomic energy by 2047. Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants. The government is also considering regulatory reforms and is evaluating the model of Indian National Space Promotion and Authorisation Center (INSPACe) which acts as the promoter and regulator for the space sector that was opened up for private participation in 2020. Finance Minister Nirmala Sitharaman announced opening up of the nuclear power sector which has been restricted to public sector companies. The Nuclear Power Corporation of India Limited operates atomic power plants across the country that contribute 8.7 GWe to the country's energy mix. Sitharaman also announced the Nuclear Energy Mission for research and development of Small Modular Reactors (SMR) with an outlay of Rs 20,000 crore and to operationalise five indigenously developed SMRs by 2033.
Hindustan Times
19-05-2025
- Business
- Hindustan Times
Govt considering amendments to Atomic Energy Act, nuclear liability law
New Delhi, Government is considering amendments to the laws governing the nuclear power domain, including the sectoral regulator, to allow participation of private sector as India eyes to produce 100 GW atomic energy by 2047. Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants. The government is also considering regulatory reforms and is evaluating the model of Indian National Space Promotion and Authorization Center which acts as the promoter and regulator for the space sector that was opened up for private participation in 2020. Finance Minister Nirmala Sitharaman announced opening up of the nuclear power sector which has been restricted to public sector companies. The Nuclear Power Corporation of India Limited operates atomic power plants across the country that contribute 8.7 GWe to the country's energy mix. Sitharaman also announced the Nuclear Energy Mission for research and development of Small Modular Reactors with an outlay of ₹20,000 crore and to operationalise five indigenously developed SMRs by 2033. The Department of Atomic Energy officials has recently said that the Nuclear Energy Mission aims to leverage private sector participation, streamline regulatory frameworks, and scale up nuclear power production to meet India's increasing energy demands. Foreign nuclear power firms had evinced interest in setting up atomic power plants in India after it secured a waiver from the Nuclear Suppliers Group to engage in global nuclear trade. The NSG waiver came after the landmark India-US civil nuclear deal of 2008. However, the Civil Liability for Nuclear Damage Act of 2010 proved to be an impediment for private sector participation. The private sector termed certain provisions of the law were unacceptable and contradicted the international Convention for Supplementary Compensation for Nuclear Damage . The government expects the private sector to pitch in with investments to achieve the target of producing 100 GWe nuclear power by 2047. The officials said that around 50 per cent of the 100 GW target is expected to come from Public-Private Partnerships . A parliamentary panel has also recommended establishing a robust financial model that includes government incentives, Viability Gap Funding , and sovereign guarantees to attract both domestic and foreign investments. The Committee had suggested that expediting legislative amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act to encourage private investment in nuclear power generation. India plans to set up private sector SMRs of 220 MW Bharat Small Reactors for captive use. NPCIL had recently invited Request for Proposals from Indian industries for setting up 220 MW BSRs for captive use.
