New Delhi, April 19: The Chairperson of the Central Electricity Authority (CEA), Ghanshyam Prasad, announced that India aims to achieve a nuclear energy capacity of 100 gigawatts by 2047, a significant increase from the current capacity of 8.8 gigawatts.
Speaking at an event in the national capital, Prasad stated, “A comprehensive roadmap has already been prepared to outline the necessary steps to achieve the 100 gigawatts target, with legislative reforms being a crucial component.”
He highlighted that one of the major achievements, the enactment of the Peace Act, has already been completed. However, he noted that considerable work remains in developing the rules, processes, and guidelines needed to implement this framework.
Prasad emphasized the importance of focusing on various aspects such as fuel security, site selection, and efficient human resource development to support the expansion of nuclear energy capacity.
He also indicated that there is potential for extensive participation in this sector in the coming years. Currently, one company dominates nuclear energy production, but Prasad mentioned that in the future, 10 to 12 companies could enter the field, accelerating capacity growth.
On the operational side, he stressed the reliability and stability of nuclear energy, describing it as a dependable source of baseload power that can operate continuously for years. He added that when managed properly, nuclear energy remains one of the safest and most stable forms of electricity generation.
Additionally, Prasad identified emerging technologies like Small Modular Reactors (SMRs) as both an opportunity and a challenge, noting that they are still in the developmental phase globally but could play a significant role in clean energy solutions.
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