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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
Naveen Jindal Group has initiated discussions with global nuclear technology providers including France-based EDF and Westinghouse of the US for its proposed nuclear power projects in India, a person in the know said. The Group is also in discussions with state-owned Nuclear Power Corporation of India (NPCIL) to explore possibilities of sourcing technology for future nuclear projects with large module reactors (LMRs) of 700 MW and above. The steel-to-ports conglomerate plans to develop around 18 GW of nuclear power capacity across multiple states with an estimated investment of Rs 2 lakh crore, contributing to the government's target of achieving 100 GW of nuclear power capacity by 2047. While evaluating sites across more than nine states, the Group has simultaneously initiated discussions with leading global nuclear technology providers. These include France's EDF, US-based Westinghouse and several other international technology companies, alongside NPCIL, to evaluate advanced ...
The Atomic Energy Regulatory Board (AERB) has granted an operating licence to the Nuclear Fuel Complex-Kota, which is designed to provide fuel to 700 MWe Pressurised Heavy Water Reactors. The facility in Rajasthan's Rawatbhata has a licensed annual capacity of 500 metric tonnes of natural uranium dioxide (UO2) fuel bundles. "The proposed activity of operation can be carried out in compliance with this license without undue risk to workers, the public and the environment," said the AERB in an order issued last week. The operation licence was granted after the AERB conducted a detailed safety assessment under its regulatory framework. "The activities at NFC-Kota are of low hazard category. The systems required for radioactive waste management and prevention of spread of contamination during operation are available. The application, the subsequent submissions and the review carried out have shown that the associated safety aspects have been adequately addressed," said the AERB. The .
Infrastructure major Larsen & Toubro (L&T) on Wednesday said that its heavy engineering arm has dispatched another steam generator to the Nuclear Power Corporation of India Ltd (NPCIL) in an effort to fast-track the country's energy security goal. The steam generators are used in pressurised heavy water reactors to convert water into steam, driving turbines for electricity generation. These generators are fabricated at L&T's facilities at the AM Naik Heavy Engineering Complex at Hazira and Vadodara in Gujarat. "The heavy engineering arm of L&T has dispatched the seventh 700 MWe steam generator for the Nuclear Power Corporation of India Ltd (NPCIL)," L&T said in a statement. The company said that the "before-time dispatch reinforces the company's commitment to supporting India's energy goals and Prime Minister Narendra Modi's vision of an Aatmanirbhar Bharat". L&T Heavy Engineering manufactures and supplies high-technology reactors and critical process systems ..