Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA
22 Dec 2023
Union Minister Jitendra Singh said the government has taken steps to increase its nuclear power capacity three times from the current 7,480 MW to 22,480 MW by 2031-32. The move is part of the country's strategy to boost clean energy production and meet long-term energy security needs.
In a written reply during the parliamentary session in the Lok Sabha, the minister underlined the significant progress made in India's nuclear energy sector. He said the annual power generation from nuclear power plants has increased from 35,334 million units in 2013–14 to 46,982 million units in 2022–23. Moreover, the installed nuclear capacity has also increased from 4,780 MW in 2013–14 to 7,480 MW at present.
The minister said that for the current financial year 2023–24, nuclear power generation in India is about 32,017 million units, while the ambitious target is 52,340 million units. India currently operates 23 nuclear power reactors, which have produced approximately 411 billion units of electricity over the last ten years, preventing the release of approximately 353 million tons of CO2 equivalent.
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