Maharashtra's Konkan Coast to Host Major Nuclear Power Projects
Konkan coast set to witness nuclear projects as state govt inks MoUs
The Indian Express
Image: The Indian Express
The Maharashtra state government has signed multiple Memorandums of Understanding (MoUs) for nuclear power projects in the Konkan region, totaling 20,400 MW of power generation. Key investments include ₹1,50,000 crore from Adani Power, ₹2,00,000 crore from Reliance Industries, and ₹1,00,000 crore from NTPC Limited, promising significant job creation.
- 01Adani Power plans to invest ₹1,50,000 crore to generate 6,000 MW of power at Barsu in Ratnagiri district.
- 02Reliance Industries is set to invest ₹2,00,000 crore for a 7,200 MW power plant at Purnagadh, potentially creating over 100,000 jobs.
- 03NTPC Limited will invest ₹1,00,000 crore for a 7,200 MW power plant at Devgadh in Sindhudurg district, creating 5,000 jobs.
- 04Lalitpur Power Generation Company Limited may invest ₹2,00,000 crore for 5,000 MW of power, with location details yet to be confirmed.
- 05The SHANTI Act facilitates private and global partnerships in India's nuclear sector, aligning with Prime Minister Modi's vision for an energy-abundant nation.
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Maharashtra's coastal Konkan region is poised for significant nuclear power development, with the state government signing multiple Memorandums of Understanding (MoUs) for projects totaling 20,400 MW. Adani Power Limited will invest ₹1,50,000 crore to establish a 6,000 MW nuclear plant at Barsu in Ratnagiri district, creating approximately 12,000 jobs. Reliance Industries plans a 7,200 MW facility at Purnagadh, with an investment of ₹2,00,000 crore, potentially generating over 100,000 jobs. Additionally, NTPC Limited will invest ₹1,00,000 crore for another 7,200 MW plant at Devgadh in Sindhudurg district, leading to 5,000 jobs. Lalitpur Power Generation Company Limited is also in talks to invest ₹2,00,000 crore for 5,000 MW, though its location remains undecided. Chief Minister Devendra Fadnavis emphasized the importance of swift implementation of these MoUs, aligning with the national goal of achieving net-zero carbon emissions. The SHANTI Act, which encourages private and global investment in the nuclear sector, supports these initiatives.
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These nuclear projects are expected to significantly boost the local economy through job creation and energy generation.
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