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ASSOCHAM bats for nuke power

With several private power project developers seeking higher tariffs than they had quoted while bidding due to rising input costs and delayed clearances, industry body ASSOCHAM today said the country has limited options and must forge ahead with nuclear energy initiatives.

October 10, 2011 / 20:24 IST

With several private power project developers seeking higher tariffs than they had quoted while bidding due to rising input costs and delayed clearances, industry body ASSOCHAM today said the country has limited options and must forge ahead with nuclear energy initiatives.


Several power producers say increasing fuel costs due to imported coal and inadequate evacuation infrastructure are threatening to make the projects unviable. ASSOCHAM thus calls for nuclear energy to generate power "which is a cleaner and much cheaper" option in the long run compared with hydrocarbons.

first published: Oct 10, 2011 08:17 pm

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