Budget 2025: Emphasis on promoting nuclear power
New Delhi:
Union Finance Minister Nirmala Sitharaman on Saturday announced several steps with the development of five small modular reactors by amending the nuclear mission of Rs 20,000 crore to promote nuclear power in the country, a revision of the legal structure and the development of five small modular reactors in a indigenous manner. of. Presenting the second budget of the third term of the third term of the government led by Prime Minister Narendra Modi, Sitharaman also announced that all the states that pursue power reforms will be eligible for additional loans equal to equal loans of 0.5 percent of their GSDP (GDP). .
Emphasis on nuclear power mission
He said, “Improvement in power sector … We will encourage power distribution reforms and increase inter-state transmission capacity by the states. This will improve the financial health and capacity of power companies. The states dependent on these reforms will be allowed to borrow an additional 0.5 percent of GSDP. ”He said that under the Nuclear Energy Mission, the development of at least 100 gigawatts by 2047 is necessary for our energy change efforts.
Nuclear power mission will be established
He said that for this goal, the Atomic Energy Act for active participation with the private sector and the Citizen Purpose for Nuclear Damage Act will be amended. He also announced that a nuclear power mission would be set up at a cost of Rs 20,000 crore for the research and development of small modular reactors. He said that at least five modular reactors developed in the country will start working till 2033. Currently, India has 462 GW of power generation capacity, including eight gigawatt nuclear power.
Sitharaman also announced to launch 10,000 fellowships in the next five years at the Indian Institute of Technology (IIT) and IISC for Technology Research.
(This news has not been edited by the Lokjanta team. It has been published directly from the syndicate feed.)