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India must expand global partnerships to meet nuclear energy target: WNA head

Press Trust of India  |  Singapore 

needs to expand international partnerships to expedite the development of its nuclear plants and meet the target of 63 GWe capacity by 2032, the of the (WNA) said on Wednesday.

The world average for building a nuclear plant is five to six years but takes a longer period than that, WNA said.

However, is running its nuclear plants at 80 per cent of the installed capacity, matching the world average, Rising told at the ongoing five-day Singapore International Week which began on Monday.

The has set an ambitious 63 GWe capacity addition target by the year 2031-32.

"Capacity-wise India has not built so much. India has to pick-up and build more and expand nuclear energy," she said.

Though India is in partnership with to develop its nuclear plants, the country must expand its international partnerships, Rising said.

India and have signed contracts for priority design works and supply of main equipment for units 5 and 6 of the Kudankulam plant in Three main contracts were signed between state-owned (NPCIL) and Russia's for priority design works, working design and supply of the main equipment for stage III of Kudankulam NPP.

The NPCIL has also signed an agreement with France's to build six European Pressurized Reactors (EPRs).

Rising also said, "Every country in the world need a direction and policy support to nuclear development...If a government lends policy support and set direction, you will get financing, training and easily find good people."

Shah Nawaz Ahmad, WNA's for India, and South East Asia, said India has not fully exploited the opportunities for developing nuclear plants and international cooperation on a larger scale would be good for the country's nuclear programme.

Early implementation of the 63 GWe target should make nuclear a significant low-carbon part of India's total requirements, he pointed out.

India has seven reactors with a combined capacity of 4.8 GWe under construction. The reactors include the country's indigenously designed 700 MWe units. India has also approved construction of 10 indigenous nuclear reactors with a total capacity of about 7,000 MWe, the WNA noted in a press release.

The WNA is the international organisation that promotes nuclear power and supports the companies that comprise the global nuclear industry. Together, WNA members are responsible for 70 per cent of the world's nuclear power as well as the vast majority of world uranium, conversion and enrichment production.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 31 2018. 18:30 IST