Nuclear or Solar ? Choice is clear
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I think it would be far better for India to spend this money on grid-scale Solar power , rather than on Nuclear plants
Following tabulation supports my argument . I request Energy Experts to confirm ( or disprove ) these figures :
Parameter :
Surya-Ghar Scheme / Nuclear Power Scheme
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Capacity Envisaged ( GW ) :
30 GW ( 3 Kw x 1 crore families ) / / 11 GW
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Investment Estimate ( Rs ) :
120,000 cr ( @ Rs 1.2 L / 3 Kw ) / / 1,56,200 cr
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Investment per GW ( Rs ) :
4,000 cr // 14,200 cr
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Expected Completion Time ( Yrs ) :
4 // 16 ( Target completion by 2040 )
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% cost borne by the Govt :
60 % // NIL
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% cost borne by Installer :
40 % // 100 %
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Est. generation cost ( Rs / kwh ) :
FREE // 15 ( latest Jaitapur plant )
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No of homes to be served :
1 crore // 1 lakh
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Import Content :
Nil // Enriched Uranium ?
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Safety Record :
Excellent // Excellent - but around the World, Nuclear plants are closing down
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International Compliances Required :
None // Several ( including inspection )
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Supply of Fuel :
Plenty of Sun-shine (300 days/yr) // Enriched Uranium in short supply
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Reduction in GHG per year ( after full implementation of 1 crore ) :
210,240,000 tons // ?
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Earnings @ $ 10 / carbon credit :
$ 210,240,0000 ( Rs 17430 cr / year = 14.5 % on investment of Rs 1.2 lakh*crore ) // ?
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Adverse Factors :
Multi-story City buildings have roof area for only 10 % of the tenants of a building( for 300 sq ft / 3 Kw ) //
# Very high investment / GW
# Very high price / Kwh
# Long time to install
# Opposition from local people
# Reluctance of Funding Agencies
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With regards,
Hemen Parekh
www.HemenParekh.ai / 24 Feb 2024
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