It started with the signing of black day declaration. Aim to get Uranium from market Canada and Australia holds 50% of world uranium deposit. Reported that at the present rate of use world deposit will last till 2070. Initially GoI was projecting to increase capacity by 6000MW. Later it is enhanced to 20000MW by 2020 presumably to make it appealing By conventional methods commissioning such large capacity addition in 12 years is impossible. The cost of Uranium will be dictated by Australia and Canada by 2020 as the plant is running.
The decommissioning cost is very high. Google “Group chosen for Sellafield job” Briton and Nevada “Report: Nuclear waste disposal will cost US $96B” By International standard the nuclear waste is to be kept safe for ten thousand years. Waste include all materials used at the site including switch gears and other plants and used fuel rods. Contract at Sellafield awarded to a consortium. Cost -1.7 Billion sterling pounds a year for ten years. Nevada site is for used rods alone which cost $96 Billions at the present cost. Inflation additional. Disposal of other materials is additional. Cost yet to be decided. Compare cost of coal and gas fuels. It was in the news that oil price hike was artificially created. Other problems: Radiation hazards and terrorism Reckless terms of project have been negotiated.
Why should we surrender our freedom and sovereignty for this deal? Stand for the debt trap?
