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Monday, November 23, 2015

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Electricity for All through Nuclear Energy

cost_₹ 5'900 Cr Electricity Nuclear


India has a stated goal of raising its nuclear energy capacity to 63,000 MW by 2032 by adding $85 billion worth of reactors.

In July 2014, Modi visited the Bhabha Atomic Research Centre and was full of praise for India's nuclear community. Declaring that nuclear power would be an essential part of India's energy security, he assured the Department of Atomic Energy of his full support in the implementation of their expansion plans. Underlying the importance of nuclear energy in India’s energy basket, Prime Minister Narendra Modi asked scientists from Department of Atomic Energy (DAE) to ensure India’s nuclear power capacity is tripled from present 5,780 MW by fiscal 2024 and within the allocated budget.

France was the first country to sign the civil nuclear deal with India on 30 September, 2008 after the complete waiver provided by the Nuclear Suppliers Group (NSG). This was followed by nine other countries: Russia, Mongolia, Namibia, Argentina, UK, Canada, Kazakhstan and South Korea, apart from the biggest daddy the United States.

India signed agreements with Australia and Canada for the supply of uranium for its safeguarded reactors.

A $350-million Indo-Canadian nuclear agreement has emerged the hallmark achievement of Prime Minister Narendra Modi’s summit with his counterpart. An agreement with the Canadian company Cameco, one of the world's largest uranium producers, was one of the highlights of Prime Minister Narendra Modi's recent three-nation visit to Germany, France, and Canada. Cameco will supply 3,000 tonnes of uranium over six years -- enough to power 1,700 megawatts (MW) of India's 5,780 MW of nuclear-power plants.

Modi's leadership has expedited other nuclear developments, principally the civil liability for nuclear suppliers.

Kazakhstan, a leading uranium producer globally, will supply 5,000 tonnes of uranium to India during 2015-19, its President Nursultan Nazarbayev announced following his talks with Narendra Modi .

India announced conclusion of a civil nuclear deal for buying uranium from Australia to increase conventional fuel supplies to overcome chronic shortages.Prime Minister Narendra Modi met his Australian counterpart Malcolm Turnbull on the sidelines of the G20 Summit in Antalya and announced completion of procedures for India Australia Civil Nuclear Agreement




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This blog is intended to list all major projects initiated by or supported by NDA Govt and PM Modi. Information is collated from government websites and several publically available information on news sites and blogs. Please use comment section or contact form below to notify any updates or corrections. Thank You.

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