New Delhi, Aug 8 (UNI) The government will open nuclear sector for private sector participation
emphasizing its pivotal role in strengthening India’s energy security.
Power Minister Manohar Lal Khattar and Minister of State for Atomic Energy Dr. Jitendra Singh, at a high-level meeting here, noted a strong and vibrant response from industries towards the Bharat Small Modular Reactor (SMR) program, leading to an extension of the Request for Proposal (RFP) submission deadline to September 30 to encourage wider participation.
The outcomes of the 4th Consultative Committee meeting held in April were fast-tracked to ensure timely implementation.
This meeting held to discuss the 100 GW Nuclear Energy Mission, follows up on Prime Minister Narendra Modi’s ambitious target of expanding India’s clean energy basket and reaffirming the country’s commitment to achieving Net Zero emissions.
During the meeting, a thorough review was conducted on the roadmap to increase India’s nuclear energy capacity from the current 8.8 GW to 22 GW by 2032, through the addition of 14 GW from various ongoing and upcoming projects, an official spokesman said.
Mr Khattar and Dr. Jitendra Singh outlined several key directives to expedite progress, including streamlining regulatory clearances, standardizing documentation, optimizing processing timelines, emphasizing generic proposals, synchronizing licenses, and investing in technical upgradation and capacity building.
Dr. Jitendra Singh stressed the government’s commitment to handholding and creating awareness among private sector players. The Power Minister reiterated the importance of adhering to timelines and accelerating projects as per the established roadmap.
