CMD, IREDA Highlights India's Solar Leadership at WEF (See 'Corp Brief') Cotton Corporation hands over Rs 8.9 Cr dividend to Textiles Minister (See 'Corp Brief') India to showcase AI Impact, Sovereign Models and Safety Frameworks (See 'Corp Brief') CTIL, NLU Odisha organize Conference on Role of Trade in Global Energy Transition (See 'Corp Brief') IBC - If attachment action may jeopardise resolution plan and cause grave prejudice to interest of homebuyers, matter needs further consideration: HC (See 'Legal Desk') MoPNG organises High-Level Upstream Engagements on Financing & Regulatory Reforms (See 'Corp Brief') NHAI, Konkan Railway sign MoU to Strengthen Integrated Infrastructure Development (See 'Corp Brief') SAMPANN pension portal integrates with UMANG Portal (See 'Corp Brief') Patel launches NBEMS Online Training Program on AI in Medical Education (See 'Corp Brief') Trade Marks - Hermes, Birkin marks - suit for infringement allowed, as both marks are well-recognized & consistently used: HC (See 'Legal Desk') CCI embraces government monopolies and PSUs (See CORP EINSICHT) Centre releases Rs 213 Crores Grants to strengthen rural local bodies in Assam (See 'Corp Brief') Strengthening Bilateral trade and International Market Linkage for fisheries exports (See 'Corp Brief') Scindia reviews BSNL's Q3 Performance; Stresses on Quality of Service (See 'Corp Brief') CCI okays combination between Bhushan Power, JSW Sambalpur, JFE Steel and JSW Kalinga (See 'Corp Brief') Companies Act – Company Court cannot order release of assets to ex-director without adjudicating rival claims: HC (See 'Legal Desk') CCI permits Apollo Hospitals to pick up equity in Apollo Health (See 'Corp Brief') CCI approves acquisition of equity share of Thriveni Pellets by Tata Steel (See 'Corp Brief') CCI allows Emirates NBD Bank to pick up equity in RBL Bank (See 'Corp Brief') Goyal to address 65th Central Geological Programming Board Meeting in Delhi (See 'Corp Brief') PMLA - Assets derived from unlawful betting activity may be treated as proceeds of crime: HC (See 'Legal Desk') Govt's focus is on climate-smart aquaculture and efficient resource utilisation (See 'Corp Brief') Sonowal Issues Clarification on Forged Letter (See 'Corp Brief') A&C - Arbitral tribunal is legally empowered to terminate proceedings u/s 38(2) of Arbitration Act, if party fails to pay its share of arbitrator's fees: SC (See 'Legal Desk') Science ministries push thematic clustering of Startups at review meeting (See 'Corp Brief') Nearly 100 delegates from over 70 countries to participate at ECI event (See 'Corp Brief') A&C - Bill discounting is short-term, high-risk commercial financing mechanism where elevated interest rates are neither unusual nor inherently unfair: SC (See 'Legal Desk') CEA has successfully conducted 220 elections; 70 elections currently underway (See 'Corp Brief') Service Matter - Government is bound by same limitation laws as any other party; delay caused by bureaucratic procedures cannot be mechanically condoned: HC (See 'Legal Desk') Khattar inaugurates Centre of Excellence for power sector regulatory affairs at Delhi IIT (See 'Corp Brief') Misc - Civil suit seeking cancellation of a registered sale deed is barred u/s 34 of SARFAESI Act when SARFAESI measures have been initiated: HC (See 'Legal Desk') Port, Inland Waterways Projects Worth Rs 552 Crore launched to boost Riverine Logistics (See 'Corp Brief') Manjhi inaugurates PM Vishwakarma Haat 2026 in New Delhi (See 'Corp Brief') PMLA - If property is attached for value thereof to proceeds of crime, it happens when proceeds of crime acquired or obtained directly or indirectly is not available in hands of person: SAFEMA (See 'Legal Desk') AIIA celebrates National Startup Day 2026 (See 'Corp Brief') SEBI - Proposed Acquirer shall be exempted from complying with requirements of sub-regulation (1) of regulation 3 and regulation 4 of SAST Regulations, 2011 with respect to direct acquisition in Target Company: SEBI (See 'Legal Desk')

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