Indian prime minister Narendra Modi has laid the foundation stone in an official ceremony for the Mahi Banswara Rajasthan nuclear power project, a four-unit nuclear station valued at about INR 42,000 crore (€4.05bn, $4.73bn), Nuclear Power Corporation of India (NPCIL) said.

The facility, to be built in Banswara, Rajasthan, will comprise four domestically designed 700-MW pressurised heavy water reactor (PHWRs) units, making it one of India’s largest nuclear power projects, said a statement.