Nuclear energy economics in India [1] [1] This paper is a modified version of [Ramana et al., 2005] incorporating the suggestions offered by the reviewer.

Using a discounted cash flow methodology, we have performed a detailed analysis of the current costs of electricity from two Indian nuclear reactors. We compare these costs to that from a recently constructed coal-based thermal power plant of similar size. Our results show that for realistic values of the discount rate, electricity from coal-based thermal power stations is cheaper than nuclear energy. [Copyright &y& Elsevier]