JSW Energy to set up its first nuclear power plant by 2030, ETEnergyworld

Goa: Sajjan Jindal-led JSW Energy is planning to set up its first nuclear power plant by 2030.

The company is assessing large reactor technologies including 700-megawatt pressurised heavy water reactors (PHWRs) as well as larger 1,000-megawatt options, a senior JSW Energy executive said at the India Energy Week in Goa.

“A final decision on technology and plant configuration will be taken only after JSW Energy is assured of timely execution and cost control,” said Neeraj Agarwal, president, nuclear energy, JSW Energy.

“Once land acquisition and technology selection are completed, we will move to construction,” he said, adding that construction timelines remain a key concern.

JSW is evaluating reactor technologies and estimates nuclear project costs at around ₹16-20 crore per megawatt, depending on the technology and scale, which will determine the overall investment size.

While multiple configurations are under consideration-including a mix of large reactors and small modular reactors (SMRs)-the company said it will first build a pilot plant to understand the technology and operational dynamics before scaling up capacity.

Site selection is also underway, with multiple locations being studied, though details remain confidential.

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