The 9900-MWe Jaitapur Nuclear Power Project has received environmental clearance, but with quite a few strings attached.
..
..
“It is the largest engineering project ever conceived in the country and the kind of investment it will bring is unimaginable,” he said. This is the second big environmental clearance in a row for the State after the Ministry of Environment and Forests cleared the decks for the Navi Mumbai international airport last week.
The Jaitapur project will come up in collaboration with French giant Areva, which will supply uranium and reactor units, according to a booklet released by the Nuclear Power Corporation of India Limited. An agreement between Areva and NPCIL is expected to be signed during French President Nicolas Sarkozy's India visit next month.
The project involves setting up six units of 1650 MWe capacity each. The first unit is expected to be commissioned by 2017-18. It will help Maharashtra reduce its energy deficit. “Nearly 1000 hectares of land has already been acquired for the project,” Mr. Chavan said.
..
..
http://www.thehindu.com/news/states/other-states/article920159.ece#commentsThe projected Investment for this plant is 20B$
India, which looks to nuclear energy as one of the viable sources of power for its future needs; also plans two other similar scale projects in the future. One with possible Russian cooperation on the Eastern region of India, and another one to expand the plants in the southern region. The Eventual Goal of India is to utilize its vast thorium reserves for power production.