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Web Exclusive | May 2017

KBL congratulates GoI’s step to build indigenously-developed PHWRs

Congratulating Government of India for the significant announcement Sanjay Kirloskar, Chairman & Managing Director of Kirloskar Brother Limited said, “We welcome the Union Power & Coal Minister Piyush Goyal’s announcement to set up 10 Pressurised Heavy Water Reactors (PHWRs) for nuclear power generation. It is great to learn that the capacity (7,000 MW) of these indigenously-built plants will be more than the existing overall nuclear power capacity in the country. For a power-deficient country like India, this is a great development and we are looking forward to the implementation of this project.”

He added, “We at KBL congratulate the Government and the Power Ministry for the historic step. We are confident that the new indigenously-developed nuclear power plants will go a long way in reducing the perennial energy deficit that the country has been living with. We feel this initiative will bring about a renewed vigor in the country’s power generation sector, as it has the potential to create about 33,000 jobs and generate Rs 70,000 crore of revenue.”
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