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Nuclear Power Corp to spend Rs 18,000 cr on capital expenditure in FY22


Atomic power generation company Nuclear Power Corporation of India Ltd (NPCIL) plans to spend about Rs 18,000 crore as capital expenditure this fiscal, said top company official.
He also said the first pour of concrete for the construction of two more 1,000 MW units (Units 5 and 6) at Kudankulam is expected to happen this year and the 700 MW unit at Kakrapar Atomic Power Station (KAPS) will begin commercial generation in September 2021.
This fiscal we will be spending about Rs 18,000 crore as capital expenditure on our ongoing projects. The funding will be through a mix of internal accruals, central government budgetary support and long term borrowings. The first two will be about 30 per cent and the borrowings will be about 70 per cent of the project cost, S.K. Sharma, Chairman & Managing Director told IANS. ....

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