PM Lays Foundation of Mahi Banswara Nuclear Power Project
Prime Minister Narendra Modi established the cornerstone for the Mahi Banswara Rajasthan Atomic Power Project by Anushakti Vidhyut Nigam (ASHVINI) in Banswara, Rajasthan.
This project requires an investment of around Rs.42,000 crore and will become one of India's largest nuclear facilities when completed, providing dependable baseline electricity.
The Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) features four domestically produced 700 megawatt Pressurised Heavy Water Reactors (PHWRs) equipped with enhanced safety systems, referred to as IPHWR 700.
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The Nuclear Power Corporation of India (NPCIL) designed and developed this project.
This initiative is included in India's comprehensive "fleet mode" strategy, involving the construction of 10 identical 700 MW reactors throughout India using standardized design and procurement processes.
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Three reactors of this type have already been put into service, and Mahi Banswara belongs to this fleet. This methodology supports the Atmanirbhar Bharat vision while delivering cost savings, accelerated implementation, and unified operational knowledge.
ASHVINI is developing MBRAPP through a collaborative effort with NPCIL holding a 51 percent stake and NTPC maintaining a 49 percent share, combining the financial resources, technical knowledge, and project management capabilities of both organizations.
MBRAPP is designed to deliver environmentally friendly, cost-effective, and dependable electricity to Rajasthan and additional beneficiary regions.
The project will generate both direct and indirect job opportunities, benefiting local communities, enterprises, and industrial sectors while promoting economic development and wealth creation throughout the state and nation.
During the same event, the Prime Minister also launched the RSDCL Nokh Solar Park with a capacity of 925 MW located in Phalodi, Rajasthan, where NTPC is responsible for developing 735 MW of the facility.
This renewable energy initiative will make a meaningful contribution to India's sustainable energy infrastructure, producing considerable quantities of environmentally friendly electricity while preventing millions of tons of carbon dioxide from being released into the atmosphere annually.
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Beyond enhancing energy independence, these projects will also stimulate economic development by generating thousands of direct and indirect job positions.