India Nuclear Energy 2016
“India has set itself the challenge of meeting the target of 63 GWe power generation capacity by 2032. Naturally, collaborations and insights on how to achieve the same has become the need of the hour. By achieving the target, it aims to supply 25% of electricity from nuclear power by 2050,” said Yogesh Mudras, MD, UBM India at the inauguration 8th edition of India Nuclear Energy 2016.
At present, India has a total capacity of 6,000 MW and plans to reach 63,000 MW by 2032. UBM India, India’s leading exhibitions organiser, inaugurated the 8th edition of its flagship international exhibition and summit, themed- Exploring Infinity in an Atom: Vision 2032 for the Civil Nuclear Energy sector, India Nuclear Energy (INE) yesterday in Mumbai. The 2-day exhibition and summit exclusively dedicated to supporting and promoting the growth and development of the Civil Nuclear Energy industry is the only one of its kind. INE is co-organised by DAE (Department of Atomic Energy) and supported by NPCIL (Nuclear Power Corporation of India Ltd.).
"We want to be a part of the NSG. We are in talks with the member countries as well as China. India believes there will be a positive outcome from its dialogue with China," said Dr. R B Grover, Homi Bhabha Chair Member, Atomic Energy Commission.
When asked about the progress in the Jaitapur Nuclear Power Project in Maharashtra, Grover said there was a consensus on all the parameters, including technical issues, but the crucial part of financing is yet to be decided on.
"We are currently negotiating on the financing and cost aspect as we want to provide power from these plants at affordable tariffs. Once we come to a conclusion on this aspect, we will then go ahead with developing the plan for setting up of the project," said Grover.
State-run Nuclear Power Corporation of India (NPCIL) is in talks with French Company EDF that has agreed to build six LWRs (light-water reactors) with a capacity of 1650 MW each.
“The expo will address the very technologies preparing the launch-pad that would catapult India into a power surplus eco-system. It will also provide stakeholders an ideal platform to interact and network with the entire civil nuclear energy fraternity of India and comprehend other holistic ways through which the Power Generation Capacity of 63 GWe by 2032 becomes a reality,” said Mudras