The state of Punjab in India might have a nuclear power plant and according to IIM Ahmedabad, this is the right time for Punjab to make a move towards Nuclear power. Off lately, Punjab has become an area of interest for all the investors and entrepreneurs to do business that builds in the economy for the state as well as for the country. With ample resources, Punjab has the ability to become the most important agro- based and commercial hub of India.
That is the reason why the Indian Institute of Management, Ahmedabad (IIM-A) has submitted a report to the Punjab government suggest to have its own nuclear power plant in the state.
Nuclear Power Plant Proposed Location in Punjab
As per the study, done by IIM -A, Punjab is ready to have its own nuclear plant for which they have suggested Ropar as the best-suited site for the same. The Punjab State Electricity Regulatory Commission (PSERC) authorized study for the ‘Tariff and related matters: The electricity sector in Punjab’ on May 2016 but the report of it was submitted this year on 2017.
Pros & Cons of Punjab Nuclear Power Plant
- The advantage of having a nuclear power plant in Punjab will be the low variable cost that will be incurred.
- However, it also comes along with a risk of any mishap as a disadvantage.
- The nuclear power plant will surely reduce power tariff across the state
- The nuclear power plant will be of greater quality if it is set up with the collaboration of Punjab and Rajasthan as both the states are adjacent to each other and shares somewhat same density of population.
- Apart from Rajasthan, Punjab can go in for partnership with the states having nuclear power plants planned on their coastline.
Before settling down to Ropar, the study makers have visited other places like Guru Gobind Singh Thermal Plant Ropar and Guru Nanak Dev Thermal Plant (GNDTP) in Bathinda, to suggest an apt location for a new Nuclear Power Plant in Punjab.
With this set up built in the Ropar, Punjab will become one of those states of India that can produce enough electricity of its state’s consumption. It will be indeed an initiative to empower the state of Punjab to be self – sufficient and self- reliant in every aspect.
More from Punjab