Nuclear power stations will be built by PSUs: Jitendra Singh
POWER & RENEWABLE ENERGY

Nuclear power stations will be built by PSUs: Jitendra Singh

In order to reach its objective of net zero emissions by 2070, India is prepared to enlist the help of its public sector behemoths for the construction of nuclear power plants, according to Union Science and Technology Minister Jitendra Singh, who made the announcement. Speaking to the media on the sidelines of the 108th Indian Science Congress, Singh said that in order to raise money for the construction of atomic power facilities, the nuclear industry has been opened up for joint ventures with PSUs.

Singh oversees the Department of Atomic Energy as the Union Minister of State in the Prime Minister's Office. In order to allow joint ventures between the Nuclear Power Corporation of India Limited (NPCIL) and public sector enterprises to construct nuclear power projects, the government revised the Atomic Energy Act in 2015. In reference to the development of a nuclear power station in Gorakhpur, Haryana, Singh stated, “We are now building nuclear power plants in the northern portions of the country as well.” To increase the role of atomic power in the nation's energy mix, the government approved the construction of 10 nuclear power units with a combined capacity of 700 MW in 2017.

In order to expand the nuclear power industry, the NPCIL, which manages the majority of the nation's nuclear power reactors, has developed joint ventures with National Thermal Power Corporation, Indian Oil Nuclear Energy, and Nalco Power Company Limited. India currently has 6,780 MW of nuclear power installed, and by 2031, it expects to construct 21 more nuclear power generating units, bringing the total installed capacity to 15,700 MW.

In order to reach its objective of net zero emissions by 2070, India is prepared to enlist the help of its public sector behemoths for the construction of nuclear power plants, according to Union Science and Technology Minister Jitendra Singh, who made the announcement. Speaking to the media on the sidelines of the 108th Indian Science Congress, Singh said that in order to raise money for the construction of atomic power facilities, the nuclear industry has been opened up for joint ventures with PSUs. Singh oversees the Department of Atomic Energy as the Union Minister of State in the Prime Minister's Office. In order to allow joint ventures between the Nuclear Power Corporation of India Limited (NPCIL) and public sector enterprises to construct nuclear power projects, the government revised the Atomic Energy Act in 2015. In reference to the development of a nuclear power station in Gorakhpur, Haryana, Singh stated, “We are now building nuclear power plants in the northern portions of the country as well.” To increase the role of atomic power in the nation's energy mix, the government approved the construction of 10 nuclear power units with a combined capacity of 700 MW in 2017. In order to expand the nuclear power industry, the NPCIL, which manages the majority of the nation's nuclear power reactors, has developed joint ventures with National Thermal Power Corporation, Indian Oil Nuclear Energy, and Nalco Power Company Limited. India currently has 6,780 MW of nuclear power installed, and by 2031, it expects to construct 21 more nuclear power generating units, bringing the total installed capacity to 15,700 MW.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code