Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk') Govt approves 'Tex-RAMPS' Scheme to strengthen Research & Innovation in Textiles Sector (See 'Corp Brief') Gorakhpur-Pilibhit Express extended up to Izzatnagar (See 'Corp Brief') 'Mission Mausam' timelines to be expedited (See 'Corp Brief') IWAI signs MoUs worth Rs 6,000 Crores Inland Waterways Expansion on Ganga (See 'Corp Brief') Capital Market - Exemption granted from making open offer in respect of proposed acquisition shall remain valid for period of one year: SEBI (See 'Legal Desk') Union Minister chairs High-Level Review Meeting on Greening Strategy for Delhi NCR (See 'Corp Brief') NTTM introduces scientific model for dignified recycling of National Flags (See 'Corp Brief') UIDAI deactivates over 2 Crore Aadhaar numbers of deceased individuals (See 'Corp Brief') Company law - If company commits any default to submit, file, register or record any document, before expiry of period specified with additional fee, company and its officers who are in default, shall be liable for penalty or punishment: HC (See 'Legal Desk') Sitharaman chairs review meeting with Regional Directorates and Registrar of Companies (See 'Corp Brief') India-Slovenia Joint Committee on Trade reviews bilateral trade (See 'Corp Brief') Goyal calls for strong Centre–State Partnership to boost Exports (See 'Corp Brief') IPR - Effective service of notices in trademark opposition proceedings and judiciary's role in rectifying administrative oversights, is critically important: HC (See 'Legal Desk') CCI okays ICICI Prudential to take over certain businesses of ICICI Venture (See 'Corp Brief') CCI allows Jindal Jhajjar to acquire Jhajjar Power (See 'Corp Brief') CCI approves acquisition of Toyota Industries by Toyota Asset Preparatory (See 'Corp Brief') IPR - If mark 'SACHAMOTI' and copyright in label are registered in favour of respondent, same shall enure to benefit of respondent insofar as rights flowing u/s 28 of Trade Marks Act is concerned: HC (See 'Legal Desk') India is entering golden era of defence innovation: RM (See 'Corp Brief') Last date to opt for UPS inches near (See 'Corp Brief') Goyal addresses National Conference of Trade Leaders (See 'Corp Brief') Benami - Provisional attachment shall be quashed, if property which was provisionally attached is neither Benami nor transaction which has occurred with respect to said property is benami: SAFEMA (See 'Legal Desk') MoS announces Rs.720 Crore Quantum Fabrication facilities at IIT Bombay (See 'Corp Brief') India, Afghanistan to deepen cooperation in Textile Sector (See 'Corp Brief') MoS lauds Quantum sensing breakthroughs by IIT, inaugurates first Liquid Helium Cryogenic facility (See 'Corp Brief') Evidence-Based Ayurvedic Products are Future of Wellness: Jadhav (See 'Corp Brief') Hotel, Industry & farmers partnerships is Critical for mutual growth: Agri Secy (See 'Corp Brief') MeitY launches Cyber Security Innovation Challenge (See 'Corp Brief') India-Oman Joint Military Cooperation Committee meeting held in New Delhi (See 'Corp Brief') A&C - Once right to file written statement is closed, application under Section 8 of Arbitration and Conciliation Act seeking reference to arbitration is not maintainable: HC (See 'Legal Desk') 'Workers are the miners of nation-building': Sonowal (See 'Corp Brief') India strengthens Textile and Sericulture Cooperation with Georgia (See 'Corp Brief') J&K to host launch of First Limestone Block Auction Roadshow (See 'Corp Brief') Indian Railways crosses 1 Billion Tonne Freight Loading in FY 25-26 (See 'Corp Brief') FEMA - Indian currency falls within scope of 'property' u/s 63 of FERA, empowering authorities to confiscate it when used in contravention of law: HC (See 'Legal Desk') IICA, DGR conclude Certification Program for senior Defence Officers (See 'Corp Brief') Op Drishti: Over 400 surgeries performed at Northern Command, J&K (See 'Corp Brief') ILO welcomes India's Labour Codes (See 'Corp Brief') Limitation Act - provisions of Limitation Act cannot be applied beneficially in favor of a petitioner who demonstrates mala fide intentions, including tampering with official documents: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT)

India has doubled power generation through Nuclear Energy: MoS

Published: Dec 12, 2024

By TIOLCorplaws News Service

NEW DELHI, DEC 12, 2024: INDIA'S Nuclear power generation capacity has grown significantly in last one decade, nearly doubling from 4,780 MW in 2014 to 8,180 MW in 2024.

This was disclosed here today in the Lok Sabha by Union Minister of State (Independent Charge) for Science and Technology, Minister of State (Independent Charge) for Earth Sciences, MoS PMO, Department of Atomic Energy, Department of Space, Personnel, Public Grievances and Pensions, Dr. Jitendra Singh addressed the Lok Sabha today, in response to a discussion on Nuclear power.

The Minister highlighted the significant progress and future potential of India's atomic energy program. He elaborated on key developments and outlined a roadmap for achieving greater self-reliance in nuclear power generation.

Dr. Jitendra Singh emphasized the revision of India's power distribution framework, which has increased the home state's share of electricity from atomic plants to 50%, with 35% allocated to neighboring states and 15% to the national grid. This new formula ensures equitable resource distribution and reflects the federal spirit of the nation.

While highlighting how India's Nuclear power generation capacity has grown significantly, nearly doubling from 4,780 MW in 2014 to 8,180 MW in 2024, Dr Jitendra Singh added that the capacity is projected to triple to 22,480 MW by 2031-32, showcasing India's commitment to scaling up its nuclear energy infrastructure.

The Union Minister attributed this progress to several transformative initiatives, including the bulk approval of 10 reactors, increased funding allocations, collaborations with Public Sector Undertakings (PSUs), and limited private sector participation. He credited advancements in technology and streamlined administrative processes for strengthening India's nuclear infrastructure.

In addition to energy production, Dr. Jitendra Singh highlighted the diverse applications of atomic energy. He noted its extensive use in agriculture, including the development of 70 mutagenic crop varieties. In the healthcare sector, India has introduced advanced isotopes for cancer treatment, while in the defense sector, atomic energy processes have been used to develop cost-effective, lightweight bulletproof jackets.

The Union Minister also underscored India's abundant thorium reserves, which constitute 21% of the global total. Indigenous projects like "Bhavani" are being developed to harness this resource, reducing dependence on imported uranium and other materials. He acknowledged the challenges in implementing atomic power projects, such as land acquisition, forest clearances, and equipment procurement, but reaffirmed the government's commitment to addressing these issues. He noted that nine atomic power projects are currently under construction, with several others in the pre-project stage, demonstrating India's dedication to expanding nuclear energy capacity.

Dr. Jitendra Singh provided a historical perspective, highlighting projects like the Kudankulam Nuclear Power Plant, which gained momentum post-2014 under the leadership of Prime Minister Narendra Modi. He reiterated India's commitment to peaceful purposes of atomic energy, as envisioned by Dr. Homi Bhabha, and emphasized leveraging nuclear energy for sustainable development while aligning with the vision of "One Nation, One Government."

This progress underscores India's resolve to achieve energy self-sufficiency, drive innovation, and contribute significantly across sectors through the peaceful applications of nuclear energy.

TIOL CORP SEARCH

TIOL GROUP WEBSITES