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Tenders: India needs more nuclear power capacity

Fiinews by Fiinews
February 14, 2024
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India to have 22,800 MW nuclear energy by 2031-32, says Dr Jitendra Singh

India needs more nuclear capacity than what has been installed at present, says Minister for Power and New & Renewable Energy R.K. Singh.

“The Joint Venture between NTPC and Nuclear Power Corporation of India Ltd (NPCIL) must strive to add nuclear capacity as fast as possible, which will pave the way for seamless flexibilization of coal-fired power plants.”

India is working on increasing nuclear capacity from 7,480 MW to 22,800 MW by 2031-32, Atomic Minister Dr Jitendra Singh told the Lok Sabha on 7 Feb.

The Government is taking policy measures to generate electricity through atomic energy. These measures include financial sanction for setting up 10 indigenous 700 MW Pressurized Heavy Water Reactors in fleet mode.

Further amendments to the atomic energy act is work in progress for public sector companies to set up nuclear power projects through joint ventures.

Also on the anvil is creation of Indian Nuclear Insurance Pool (INIP) for implementation of Civil Liability for Nuclear Damage Act.

Further highlighting the growth of Indian power sector, R K Singh sees NTPC Ltd becoming a global, multi-national entity operating its power plants worldwide.

He also sees doubling of NTPC capacity at home to 150 GW from the current 73+ GW while underscoring the need to reduce forced power outage to meet the rising electricity demand.

He virtually addressed the Indian Power Stations O&M Conference 2024 hosted by NTPC at Raipur, Chhattisgarh, on 13 Feb 2024.

Referring to Energy Transition, the Power Minister said that it should not be a cause for concern, as both thermal and renewable forms of energy will coexist.

“The world is not against coal-based power. However, for our current and upcoming coal-based plants, it is the need of the hour to develop mechanisms to ensure increasing efficiency while reducing emissions.”

During the inaugural session of the conference, the Union Minister released the IPS 2024 E-Compendium, Steam Turbine E-Learning Module and Boilerpedia. Fiinews.com

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