Delhi, Mar 4
\nAddressing a post-budget webinar organized by NITI Aayog, Union Minister of State (Independent Charge) for Science and Technology; Earth Sciences, and Minister of State for PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr. Jitendra Singh emphasized that Nuclear Energy is critical for India\u2019s Net Zero goal.<\/p>\n
He highlighted the Union Budget 2024-25\u2019s vision for India\u2019s nuclear power expansion, which sets a target of achieving 100 GW by 2047.<\/p>\n
Pointing out the crucial role of nuclear energy in India\u2019s transition to clean energy and achieving Net Zero emissions by 2070, he called for private sector participation, regulatory reforms, and sustained public engagement.<\/p>\n
Highlighting the growing energy demand, Dr. Jitendra Singh stated that India\u2019s electricity needs are expected to increase four to five times by 2047. While renewable energy sources are expanding, they alone cannot meet the base-load demand, making nuclear power a key component of India\u2019s energy strategy. \u201cAchieving 100 GW of nuclear power will require a focused and determined approach, adding around 4 GW annually from now onwards,\u201d he said, expressing confidence in meeting the goal with proper planning and execution.<\/p>\n
A major shift in India\u2019s nuclear policy is the proposed involvement of the private sector in designing, building, and operating nuclear power plants. Dr. Jitendra Singh acknowledged that legislative amendments to the Atomic Energy Act, Civil Liability for Nuclear Damage Act, and Electricity Act would be required to enable this participation. \u201cOpening up the nuclear sector will send a strong policy signal to industry players, boosting investor confidence and encouraging long-term investments,\u201d he noted.<\/p>\n
He also highlighted that NPCIL, along with its subsidiaries, aims to contribute nearly half of the 100 GW target by leveraging domestic and international partnerships. Meanwhile, NTPC\u2019s joint venture, Ashwini, has already taken the lead in constructing four 700 MWe PHWRs at Mahi-Banswara.<\/p>\n
The Minister further announced the launch of a Small Modular Reactor (SMR) R&D Mission, with the objective of developing five SMRs by 2033. These reactors, known for their adaptability, could be deployed in industrial zones, remote areas, and hard-to-abate sectors like cement and steel manufacturing.<\/p>\n
Dr. Jitendra Singh emphasized that India\u2019s nuclear energy journey, pioneered by Dr. Homi Bhabha, was often met with skepticism, both domestically and internationally, due to restrictive global policies and misplaced concerns over nuclear proliferation. However, he noted that under Prime Minister Narendra Modi\u2019s leadership since 2014, India has witnessed a paradigm shift, with greater acceptance of its nuclear energy program as a key component of clean and sustainable power generation. He pointed out that unlike in the past, the announcement of a 100 GW nuclear target has not faced any negative implications, reflecting India\u2019s growing credibility in the global nuclear community and the recognition of its responsible and transparent approach to nuclear energy development.<\/p>\n
Dr. Jitendra Singh also underscored the need for a nationwide awareness campaign to address public concerns regarding nuclear energy. \u201cA much more vigorous and sustained public outreach program is necessary to dispel fears and highlight nuclear power as a safe and clean energy source,\u201d he said, urging collaboration among government agencies, private players, and environmental groups.<\/p>\n
With a roadmap now being formulated in consultation with stakeholders, the Minister affirmed that while challenges exist, achieving the 100 GW target by 2047 is both ambitious and achievable.<\/p>\n","protected":false},"excerpt":{"rendered":"
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