Why in news
- Atomic Energy Commission announced plans for the private sector to contribute 30 GW towards India's total 100 GW nuclear capacity goal by 2047.
- Private players are expected to invest approximately ₹7.5 lakh crore as legislative enabling mechanisms take shape.
Key terms
Atomic Energy Commission
The governing body responsible for atomic energy policies and programs under the Department of Atomic Energy.
NPCIL
Public sector enterprise under DAE responsible for the design, construction, and operation of nuclear power plants.
Baseload Power
The minimum level of demand on an electrical grid over a 24-hour period that continuous generation sources meet.
Small Modular Reactors
Advanced nuclear reactors with power capacity up to 300 MW per unit, built in factories and transported to site.
Current State and Sector Expansion
- India currently has around 9 GW of installed nuclear power capacity, primarily operated by the public sector undertaking Nuclear Power Corporation of India Ltd (NPCIL).
- NPCIL operates 24 reactors; future expansion aims to reach 100 GW by 2047 to support baseline clean energy requirements.
- Capital expenditure for nuclear power generation is estimated at approximately ₹25 crore per megawatt.
Role of Private Sector
- Enacted legislative modifications aim to allow private companies to enter and operate nuclear reactors within five years.
- Private sector entry is targeted to contribute 30 GW of capacity through an estimated ₹7.5 lakh crore investment.
Why it matters
- Diversifies energy mix away from fossil fuels to meet net-zero targets while providing continuous baseload power.
- Encourages domestic technology adoption, capital infusion, and equipment manufacturing in heavy engineering.
Prelims facts
- Nuclear Power Corporation of India Ltd (NPCIL) operates under the administrative control of the Department of Atomic Energy.
Mains discussion
- Analyze the structural and safety challenges associated with introducing private capital into India's nuclear energy sector.
Source: The Hindu Business
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