Nuclear Energy Set to Empower India: Union Minister
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Synopsis
The 'Nuclear Energy Mission for Viksit Bharat' aims to enhance India's nuclear capabilities, boost private sector involvement, and leverage advanced technologies, according to Union Minister Dr. Jitendra Singh. Key budget allocations support this vision, aiming for 100 GW nuclear power capacity by 2047.
Key Takeaways
- Nuclear Energy Mission for Viksit Bharat launched
- Rs 20,000 crore allocated for SMR development
- Goal of 100 GW nuclear capacity by 2047
- Private sector participation deemed revolutionary
- Focus on achieving Aatmanirbhar Bharat
New Delhi, Feb 14 (NationPress) The launch of the Nuclear Energy Mission for Viksit Bharat presents a detailed framework aimed at boosting domestic nuclear capabilities, encouraging private sector engagement, and implementing advanced nuclear technologies, stated Union Minister of State for Science and Technology, Dr. Jitendra Singh, on Friday.
Celebrating the Union Budget as a testament to Prime Minister Narendra Modi’s visionary outlook for India, the minister noted that a substantial amount of Rs 20,000 crore has been allocated for research and development in Small Modular Reactors (SMRs), with ambitions to operationalise at least five indigenous SMRs by 2033.
“This initiative is in line with India’s ambitious target of reaching 100 GW of nuclear power capacity by 2047, which is vital for minimizing carbon emissions and ensuring sustainable energy,” Singh remarked during a press conference at the Gujarat Chamber of Commerce and Industry.
Dr. Singh praised the Budget’s innovative initiatives, particularly its emphasis on technological advancement and energy autonomy. He underscored the historic decision to permit private sector participation in the nuclear domain, labeling it a game-changer for India's energy landscape.
He asserted that these initiatives will not only facilitate energy self-sufficiency but will also position India as a global leader in advanced nuclear technology by 2047.
Reflecting on the success of privatizing the space sector, Dr. Singh expressed optimism that analogous reforms in the nuclear industry will spur growth and innovation.
He mentioned that for years, the nuclear sector operated under stringent regulations; however, recent policy changes are designed to promote greater transparency and collaboration, aligning with the vision of Aatmanirbhar Bharat.
The minister further reiterated the government’s dedication to making nuclear power a fundamental aspect of India’s energy policy. He characterized it as a strategic plan for a technologically advanced and self-reliant nation, emphasizing its significance in shaping the country’s future.
