State partnerships are expected to ease land and other clearances, as well as ensure power offtake, as NPCIL eyes faster execution of its 50-GW share in India’s 100-GW nuclear plan.
The SHANTI Bill opens the nuclear sector to private players across generation, mining, exploration, and even foreign direct investment for the first time.
The PMO has taken stock of the talent shortage for India to realise its nuclear ambitions of 100 GW by 2047 and the government is likely to introduce new undergraduate and postgraduate programmes in nuclear technology and engineering at central and state universities, IITs, and NITs.
The HCI business is an EPC division for core civil infrastructure projects crucial to sectors such as Metros and High-Speed Rail (HSR), tunnels, nuclear power, ports as well as defence infrastructure.
About 80 GW of the 100 GW target will be executed by NPCIL and NTPC through larger projects. The remaining 20 GW will be open to the private sector and mostly be executed through small module reactors, government officials have told Moneycontrol
The partnership will support Centre's vision to accelerate the share of nuclear power and strengthen India’s energy security, and will be targetting a nuclear power capacity of 100 GW by 2047.
The government has called bids for setting up Bharat Small Reactors to decarbonise high-emission industries such as steel and aluminium. It expects at least Rs 35,000 crore in investments from the private sector
The overhaul of India's nuclear laws to bring in private participation also raises questions over accountability for the imported reactors that would be supplied by a foreign technology or design partner.
The imports will be of natural uranium (uranium ore concentrate) and not enriched uranium as India's indigenous Pressurized Heavy Water Reactors can operate with even about 0.7 percent U-235, government officials told Moneycontrol.
The government is also planning to set up one nuclear power plant in every state that does not fall under the Seismic Zone 5 and may consider the 'fleet mode' in order to ramp up capacity addition.
Trump's presidency will be a boost to India's nuclear ambitions, NPCIL's chairman Bhuwan Chandra Pathak said, adding that the PSU plans to invest at least Rs 6.6 lakh crore to build 50 gigawatts (GW) nuclear power capacity.
With this commissioning of RAPP-7 at Rawatbhata in Rajasthan, NPCIL now operates 25 reactors. RAPP-7 is the third reactor of the 700 MW series of 16 India-made pressurised heavy water reactor being set up in the country
On March 17, NPCIL commissioned a 700 MW indigenous pressurised heavy water reactor, RAPP-7, at the Rajasthan Atomic Power Project (RAPP), taking India’s nuclear capacity to 8,880 MW. It expects to get RAPP-8 operational by year-end
NTPC is currently in talks with six-seven states for land to build nuclear power plants. The PSU will build both small and conventional reactors.
The Union government's move is a step toward India’s plan of increasing its nuclear power capacity from the current 8,180 MW to 22,480 MW by 2031-32 and eventually 100 GW by 2047.
Tata Power has set an ambitious target of achieving revenue of at least Rs 1 lakh crore and a profit after tax of Rs 10,000 crore by 2030
The RAPP 7&8 project is being set up in Rawatbhata, where six units with a total capacity of 1,180 MWe are already in operation
The study also found that despite India's net zero ambitions and initiatives toward achieving the goal, coal will continue to be the backbone of Indian energy system for the next two decades.