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« Nuclear reactors in northern England to be shut down due to faults | Main | Flicking the switch »
Thursday
Aug072014

Kalapakkam nuclear power plant to be commissioned in 2015

New Delhi: Thorium-based 300 MW nuclear power plant at Kalapakkam in Tamil Nadu will be commissioned next year, Parliament was informed today.

Answering a supplementary during Question Hour in Rajya Sabha, Minister of State for Personnel Jitendra Singh said a major part of the project has already been completed and it would be commissioned next year.

India is one of the leading countries with well-advanced Thorium utilisation technologies, developed indigenously, and has the world's third largest (around 12 per cent) Thorium reserve.

"For a large growing population of our country, it is important to have a vision of energy independence, implying the necessity for meeting the energy demands using indigenous resources to the maximum extent," Singh said.

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The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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