Summary:

Ghanshyam Prasad, chairperson of the Central Electricity Authority, stated that India intends to boost its nuclear power capacity from 8.8 gigawatts to 100 gigawatts by 2047, a more than tenfold increase. According to him, reaching this challenging goal will necessitate a steady acceleration of capacity addition over the ensuing decades. The project is a component of a larger plan to fulfill growing electricity demand and improve long-term power generation. Prasad underlined that timely implementation of such a large-scale expansion will require coordinated efforts among numerous parties. In order to facilitate large-scale deployment and successfully handle implementation issues, the roadmap outlines essential criteria, such as legislative reforms, streamlined procedures, and supportive operational frameworks, in addition to measures like the proposed SHANTI Act.

Source: IBEF

Disclaimer: The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.