Lok Sabha Question No. 3471 (UNSTARRED), answered on 2023-03-22
Subject: Domestic and FDI in Atomic Energy Sector
Ministry: ATOMIC ENERGY
Asked by: Vijayakumar (alias) Vijay Vasanth

## GOVERNMENT OF INDIA DEPARTMENT OF ATOMIC ENERGY

## LOK SABHA

## UNSTARRED QUESTION NO. 3471 TO BE ANSWERED ON 22.03.2023

## Domestic and FDI in Atomic Energy Sector

## 3471.  SHRI VIJAYAKUMAR ALIAS VIJAY VASANTH:

Will the PRIME MINISTER be pleased to state:

- (a) whether the domestic investment is not adequate for the production of atomic energy in the country;
- (b) if so, the details thereof and the reasons therefor;
- (c) whether  any  scheme  has  been  formulated  to  promote  domestic  and  foreign direct  investment  in  atomic  energy  sector  and  also  to  develop  the  existing atomic station across the country;
- (d) if  so,  the  details  thereof  including  the list  of  identified  developments  to meet  out  the  current  demands  and  its  proposed  investment  plan,  atomic station-wise; and
- (e) whether there is any plan to set up new plants across the country for the production of atomic energy and if so, the details thereof?

## ANSWER

THE  MINISTER  OF  STATE  FOR  PERSONNEL,  PUBLIC  GRIEVANCES  & PENSIONS AND PRIME MINISTER'S OFFICE (DR. JITENDRA SINGH):

- (a)&(b)The capital investment for the nuclear power projects of NPCIL is presently being  funded  with  a  debt  to  equity  ratio  of  70:30.  The  equity  is  funded  from internal resources of NPCIL and Government Budgetary Support.
- (c) The  present  policy  (Consolidated  FDI  Policy  of  Government)  puts  atomic energy  in  the  list  of  prohibited  sectors  and  hence  there  is  no  scheme  to promote  FDI  in  nuclear  power  generation.    To  boost  domestic  investment, Government  of  India  has  amended  the  Atomic  Energy  Act,  1962  in  2015  to enable the Joint Ventures of Public Sector Enterprises to set up nuclear power projects.  Joint Ventures have been formed by NPCIL with public sector majors

viz.  NTPC  Ltd.  and  Indian  Oil  Corporation  Limited  (IOCL).    The  investment needed to develop the existing stations is met through the internal resources of NPCIL.

- (d) The capital investment proposed for various improvements in existing operating stations in 2022-23 are as follows:
- (e) There  are  eleven  (11)  reactors  with  a  total  capacity  of  8700  MW  (including PFBR by BHAVINI) under various stages of construction / commissioning.  In addition,  the  Government  has  accorded  sanction  for  ten  (10)  indigenous  700 MW Pressurized Heavy Water Reactors (PHWRs) in fleet mode.  The present installed nuclear power capacity is set to increase from 6780 MW to 22480 MW by 2031 on progressive completion of projects under construction and accorded sanction.    The  Government  has  also  accorded  'in  principle'  approval  for  new sites to set up nuclear reactors in future.

| Station       |   Proposed Investment (BE 2022-23) (Rs. crore) |
|---------------|------------------------------------------------|
| TAPS- 1&2     |                                            160 |
| TAPS- 3&4     |                                             22 |
| RAPS- 2 to 6  |                                            149 |
| RAPS -3 EMCCR |                                             69 |
| MAPS- 1&2     |                                             47 |
| NAPS- 1&2     |                                             20 |
| KAPS- 1&2     |                                             39 |
| KGS- 1 TO 4   |                                             76 |
| KGS-1 EMCCR   |                                             15 |
| KKNPP- 1&2    |                                            489 |

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