What are the relative costs of building nuclear plants and coal fired ones?

The nuclear plants -- if we take the cost of imported reactors -- are about three times (Rs. 10-12 crore per MW) the cost of coal-fired plants (Rs. 4 crore per MW). Simply put, with the same amount of money, we can install three coal-fired plants against one nuclear plant of the same size. If we want to install 40,000 MW by 2020 with imported nuclear plants as the Government wants to do, with the same amount of money it can build 100,000 MW of coal fired plants, that too in half the time. The French company Areva is building a new 1600 MW nuclear plant in Finland. When the estimates were made, Areva had given estimates of $ 2,000 per KW. By the time the plant was ordered, it had gone up about $ 2,800 per KW. Currently, the costs have already shot up to a mammoth $ 6.1 billion or almost $ 4,000 per KW. This is four times the cost of coal-fired plants and also more than twice that of indigenous nuclear plants built by Nuclear Power Corporation. At these costs, even solar energy using ...  more

The nuclear plants -- if we take the cost of imported reactors -- are about three times (Rs. 10-12 crore per MW) the cost of coal-fired plants (Rs. 4 crore per MW). Simply put, with the same amount of money, we can install three coal-fired plants against one nuclear plant of the same size. If we want to install 40,000 MW by 2020 with imported nuclear plants as the Government wants to do, with the same amount of money it can build 100,000 MW of coal fired plants, that too in half the time. The French company Areva is building a new 1600 MW nuclear plant in Finland. When the estimates were made, Areva had given estimates of $ 2,000 per KW. By the time the plant was ordered, it had gone up about $ 2,800 per KW. Currently, the costs have already shot up to a mammoth $ 6.1 billion or almost $ 4,000 per KW. This is four times the cost of coal-fired plants and also more than twice that of indigenous nuclear plants built by Nuclear Power Corporation.  more