India's first commercial breeder reactor, the Prototype Fast Breeder Reactor (PFBR), is reported to be delayed by a year. Construction of the 500 Megawatt (electric) reactor started in 2004 and it was initially expected to be commissioned by December 2010. In September 2005, Baldev Raj, the director of the Indira Gandhi Centre for Atomic Research that has designed the reactor, stated that the PFBR will be completed 18 months ahead of schedule. The cost of construction has reportedly been much more than anticipated in part due to rising prices of steel, cement and other raw materials. Work on two more reactors with a similar design is expected to start by 2014.