By SNV Sudhir
Sources in the Vizag industry sector had pointed that the
proposal, which is still at a nascent stage, may be shelved. It was in Jan 2011
that the Brighton Energy representatives entered into an agreement with the
State Government on setting up a Plant in Nakkapalli, in the district, to
produce forged steel components, essentially fabricated by General Electric for
third generation nuclear power plants.
The firm was supposed to invest about Rs 2,724 crore
initially, besides providing direct employment to about 2,500 highly skilled
and indirect jobs for about 10,000 people in the vicinity.
APIIC also tried to show and allot them another alternative
site. But the delay has caused much damage to the proposal. The
locals, including fishermen, launched protests against the acquisition of their
lands by the APIIC. And since then the issue has been pushed into the cold
storage.
The unit was also supposed to manufacture equipment for
industries, including petrochemicals, conventional power plants and ship
building. With Brighton seeing huge business opportunity in India , due to the Indo-US civil nuclear deal,
which facilitates big players from the US
and other countries to build nuclear power plants in India , it wanted to construct the
plant in Vizag on a fast track basis to commence operations by 2012.
With Brighton seeing huge business opportunity in India due to the Indo-US civil nuclear deal,
which facilitates big players from the US
and other countries to build nuclear power plants in India , it wanted to construct the
plant in Vizag on a fast track to commence operations by 2012.
Brighton Energy chairman Kit Kung while signing the MoU said
that around 30,000 tonnes of steel would go into manufacturing the nuclear
reactor units and they would mostly use scrap brought from ship-breaking units
in India
and abroad.
The Vizag facility would manufacture three to four nuclear
reactor units per annum at a cost of USD 200 million each, he added.
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