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New Delhi, May 20, 2017: While congratulating Government of India for the significant announcement Mr. Sanjay Kirloskar, Chairman & Managing Director of Kirloskar Brother Limited said, “We welcome the Union Power & Coal Minister Shri Piyush Goyal’s announcement to set up 10 Pressurised Heavy Water Reactors (PHWRs) for nuclear power generation. It is great to learn that the capacity (7000 MW) of these indigenously-built plants will be more than the existing overall nuclear power capacity in the country. For a power-deficient country like India, this is a great development and we are looking forward to the implementation of this project.

We at KBL congratulate the Government and the Power Ministry for the historic step. We are confident that the new indigenously-developed nuclear power plants will go a long way in reducing the perennial energy deficit that the country has been living with.We feel this initiative will bring about a renewed vigor in the country’s power generation sector, as it has the potential to create about 33,000 jobs and generate Rs 70,000 crores of revenues. “

KBL has been a strong advocate of nuclear energy. Today, nuclear energy is the largest source of power that does not cause any air pollution—and the only one that can produce large amounts of electricity without any interruptions. Nuclear energy has a major role in altering India’s energy balance without causing any harm to the air around us. Notably, with rising concerns over the environment-damaging greenhouse gases, nuclear power plants are being set up in different parts of the world including in the US.

KBL has been associated with BARC & NPCIL for decades, and has been participating in their various nuclear power project programs, in the past. With the rich experience acquired through the association with BARC and NPCIL, KBL is now all set to manufacture `state of the art’ technology pumping equipment at our Advance Technology Pump Division and support the ‘Make in India’ initiative of the Government of India.

Corporate Comm India(CCI Newswire)

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