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Nuclear power generation rises by 4 per cent
India to Expand Nuclear Power Capacity, Targets 13,800 MWe by 2031-32
India is set to bolster its nuclear power capabilities with the addition of 18 new reactors, aimed at significantly enhancing the country's energy landscape. The Nuclear Power Corporation of India Limited (NPCIL) unveiled plans to incorporate these reactors, which will collectively generate 13,800 megawatts electric (MWe) of electricity, projecting a substantial rise in atomic power's contribution to the nation's energy mix, reaching 22,480 MWe by 2031-32.
The announcement follows Prime Minister Narendra Modi's inauguration of two domestically constructed 700 MWe nuclear power reactors ..
India to expand nuclear power capacity with 18 new reactors by 2031-32
India is expanding its nuclear power capacity significantly with plans to add 18 new reactors by 2031-32. This initiative aims to generate 13,800 megawatts (MWe) of electricity, increasing the total share of atomic power in the country's energy mix to 22,480 MWe. The announcement came following the inauguration of two 700 MW nuclear power reactors at Kakrapar in Gujarat by Prime Minister Narendra Modi in February 2024.
The newly inaugurated reactors, units 3 & 4 of Kakrapar Atomic Power Station (KAPS 3 & 4), were dedicated to the nation on February 22. KAPS-4 was successfully connecte..
India aims to triple nuclear power capacity by 2031-32
The Government has initiated steps to increase the nuclear power capacity from 7480 MW to 22480 MW by 2031-32, Union Minister Dr Jitendra Singh said.
The annual electricity generation from nuclear power plants has increased from 35334 Million Units (including infirm) in 2013-14 to 46982 million units (including infirm) in 2022-23. The installed nuclear power capacity in 2013-14 has also increased from 4780 MW to 7480 MW at present, he said.
The Union Minister of State (Independent Charge) Science & Technology; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and..
Repsol Eyes Stake Sale for Strategic Plan
Spanish oil major Repsol is reportedly engaged in negotiations to offload a portion of its renewable energy subsidiary as part of a strategic maneuver to propel its ambitious agenda through 2027.
Santander has purportedly been enlisted to facilitate the sale, indicating a significant step in Repsol's financial strategy. While Repsol intends to retain a majority stake in its renewables arm, the prospective deal may involve the infusion of fresh capital by the investor. However, the identity of the investor remains undisclosed at present.
Repsol Renewables, valued at 5.9 billio..
Bhilai Steel Plant Embraces Solar Power for Green Future
Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai.
According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a proj..
