India's Ambitious 100 GW Nuclear Power Target by 2047

The Indian government plans to amend the Atomic Energy Act and Civil Liability for Nuclear Damage Act to spur private investments and meet a 100 GW nuclear power target by 2047. A Rs 20,000 crore Nuclear Energy Mission aims to develop Small Modular Reactors and promote advanced nuclear technologies.

The Indian government considers pivotal amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act to invigorate private investment in the nuclear sector, a strategic move announced in Parliament on Monday.

Underlining India's ambitious aim, the government has set a 100 GW nuclear power target by 2047, as revealed by Minister of State for Power, Shripad Naik. Major efforts are underway to broaden the nation's energy portfolio through nuclear energy.

A dedicated Nuclear Energy Mission, with a substantial Rs 20,000 crore allocation, aims to develop five indigenously designed Small Modular Reactors (SMRs) by 2033 and to explore advanced nuclear technologies. Naik emphasized that legislative amendments are crucial to overcoming existing barriers, enabling private sector participation, and expediting project approvals.

(With inputs from agencies.)