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The head of the UN nuclear agency said on Friday that he expects the use of nuclear power could more than triple by 2060. Rafael Grossi said in the International Atomic Energy Agency's annual report to the UN General Assembly that this will be driven by electrification, data centres powered by artificial intelligence and "technology companies' appetite for reliable, carbon-free power". Nuclear energy is seen by a growing number of countries as key to improving their energy security, he said, stressing that it is on par with solar energy and "safer than every other option". "In 2025, more than 400 operating reactors in more than 30 countries produced 10 per cent of global electricity and a quarter of its low-carbon electricity," the IAEA director-general said. "More than 60 new reactors are under construction and the projections for future nuclear capacity have shifted dramatically upward." In addition to the growing use of nuclear energy for peaceful purposes, Grossi spoke about th
India will require an investment of Rs 15 lakh crore to add 91 gigawatt of nuclear capacity by 2047, Central Electricity Authority (CEA) Chairman Ghanshyam Prasad said on Wednesday. Along with the estimated investment to add 91 GW by 2047 to reach the 100 GW target, the country also requires deep private sector participation, he said. Speaking at the CEA brainstorming event on 'Making Indian Power Sector AI Enabled', Prasad said the present installed nuclear capacity of India stands at around 8.8 gigawatt (GW). Noting that nuclear energy is a stable source of power, he said India is expected to see 22 GW of nuclear capacity by 2030-31. Out of India's 100 GW nuclear power goal, 46 GW will come from public sector undertakings (PSUs), private players and joint ventures (JVs), he said. The nuclear capacity will help meet peak power demand, which is expected to reach 459 GW by 2035-36 from 250 GW in 2024-25, he said. Prasad said that 274 GW of renewable energy capacity yields only 29
India's private sector is expected to invest around Rs 7.5 lakh crore and contribute 30 GW to the country's ambitious target of achieving 100 GW of nuclear power capacity by 2047, Atomic Energy Commission Chairman Ajit Kumar Mohanty said. The country currently has about 9 GW of installed nuclear power capacity and plans to expand it substantially by 2047, he said. "Public sector undertaking Nuclear Power Corporation of India Ltd (NPCIL) currently operates 24 reactors. We think private players should also enter the nuclear business and that is why new legislation was enacted," Mohanty, who is also the secretary of the Department of Atomic Energy, told PTI in an exclusive interview. "Five years from now, I expect a couple of private sector players to run reactors. We think that about 30 GW should come from them by 2047. It costs around Rs 25 crore to generate 1 MW," he added. Mohanty, who was in Ranchi to attend the 36th convocation of Birla Institute of Technology, Mesra, said India
Tata Consulting Engineers (TCE), which has been associated with the country's nuclear programme for over five decades, feels it is time for the Department of Atomic Energy (DAE) to focus on strategic objectives and work more with the private sector on the energy front, according to a top company official. The city-headquartered DAE should take some inspiration from its state-run space counterpart Indian Space Research Organisation (ISRO), which has helped accelerate the pace of growth for the private sector, TCE's managing director and chief executive Amit Sharma said. "DAE was formed for national strategic objectives, not to produce electricity... It should retain that core identity and let the private sector completely work on nuclear (energy)," Sharma told PTI. Facilities like labs at Mumbai's Bhabha Atomic Research Centre (BARC) should be made available to the private sector for testing their concepts, Sharma said, adding that other countries, including China, the US and South .