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It is proposed 9900 MW nuclear power project to come at Madban village of Ratnagiri district in Maharashtra (west coast of India).
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State-run Nuclear Power Corporation of India (NPCIL) is builder and operator of this plant.
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It will be built under Indo-France Civil Nuclear Deal signed in December 2010.
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It will have 6 EPR designed and developed by Areva of France, each of 1650 MW, thus totalling 9900 MW.
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EPR is third generation pressurised water reactors (PWR).
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The estimated cost of this project was around US $15 billion (Rs. 1,000 billion).
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Consortium of French financial institutions will finance this project as a loan.
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The layout of nuclear power plant comprises two major parts — nuclear island and conventional (turbine) island.
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The nuclear island is heart of nuclear power plant, while conventional (turbine) island houses key component which extracts thermal energy from pressurized steam and converts it into electrical energy.
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On completion, Jaitapur power plant would be world’s largest nuclear power generating station by net electrical power rating.
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It will also play pivotal role in achieving Union Government’s ambitious target of 22,480 mw nuclear power generation capacity by 2031.
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Why in news? French state-run power utility EDF and American conglomerate General Electric (GE) have signed strategic cooperation agreement with State-run Nuclear Power Corporation of India (NPCIL)