India: Power Industry Mulls SMR Deployment

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Many of the factors that have restrained the construction of large conventional reactors across India may similarly hold back the deployment of small modular reactors (SMRs), the future deployment of which India's power and nuclear sectors are mulling. Uncertainty over government commitment, a lack of private sector capital and concerns over India's 2010 nuclear liability law are viewed as possible impediments to any fleet of Indian SMRs, just as they hold back the government's current ambitions for deploying larger pressurized heavy water reactors. But a recent commitment by NTPC, India's largest power utility, to take a 50% stake in six of the planned ten "fleet mode" 700-megawatt indigenous reactors (IPHWRs) may move things forward on the large reactors as well as SMRs, about which NTPC appears particularly enthusiastic.

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