Saturday, December 20, 2025 | 02:46 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Nuclear energy can help power India's economic growth, private push welcome

For decades, state control was justified by concerns over radiation safety, misuse of nuclear material, and strategic security

nuclear power
premium

Nuclear projects are often vulnerable to cost overruns, licensing bottlenecks, and grid-pricing disputes.

Business Standard Editorial Comment Mumbai

Listen to This Article

The Union government’s plans to end decades-long state monopoly over uranium mining, import, processing, and nuclear-power generation, opening the door for private firms to participate, mark a significant shift in the sector. The policy shift, first signalled in the Union Budget, builds on the country’s ambitious goal of scaling up nuclear power capacity to 100 gigawatts (Gw) by 2047. Accordingly, Union Finance Minister Nirmala Sitharaman had announced a Nuclear Energy Mission with an allocation of ₹20,000 crore, aimed at raising nuclear-power capacity from the current 8.18 Gw. These recent developments mark a belated but necessary recognition of nuclear energy’s role