BS EDIT: Budget 2025: A nuclear push for India's energy future

By Business StandardPublished On Feb 3, 2025

A big nuclear push

• Rs 20,000 crore for a Nuclear Energy Mission

• Aims to cut reliance on 89% fossil fuel use

Small modular reactors (SMRs)

• 5 SMRs to be operational by 2033

• 300 MW(e) per unit for safer, flexible power

Private players enter nuclear power

• Atomic Energy Act to be amended

• NPCIL budget cut by Rs 472 crore

Liability law reforms?

• Possible CLNDA amendment to attract private investment

• Could ease supplier liability concerns

India’s SMR experience

• 22 indigenous reactors at 220 MW(e) each

• Expertise in 85 MW(e) nuclear submarine reactor

A tough target ahead

• 8.18 GW(e) in 2024, far from 100 GW(e) goal

• Success depends on policy, pricing & execution