Brighton Group to invest Rs. 2880 Cr on nuclear equipment mfg unit in AP

Hyderabad: Brighton Group has signed a memorandum of understanding with the Andhra Pradesh government for setting up a Rs 2,880 crore nuclear power equipment manufacturing facility near Visakhapatnam.

Brighton will provide direct employment to 2,500 highly-skilled personnel, including 500 engineers, and indirect employment to another 10,000 persons. The proposed plant will be set up on an 800-acre site at Nakkapalli in Visakhapatnam district.

In the next five years, as many as one lakh people will get employment, both direct and indirect, with the setting up of Brighton facility as well as several ancillary units.

Brighton has sought Special Economic Zone status for their facility which would be ready for commercialisation in 24-30 months.

Stating that 30,000 tonnes of steel would go into manufacturing the nuclear reactor units.

The Vizag facility would manufacture three to four nuclear reactor units per annum at a cost of USD 200 million each.