India Needs ₹15 Lakh Crore Investment to Expand Nuclear Capacity by 2047
What Happened
Central Electricity Authority (CEA) Chairman Ghanshyam Prasad said India will require ₹15 lakh crore investment to add 91 GW of nuclear power capacity by 2047. Speaking at a CEA event, he noted that nuclear energy must play a larger role in India’s long‑term energy mix to meet decarbonization goals. India currently has 7.48 GW of nuclear capacity, and the expansion plan would involve building multiple large reactors across states. The chairman emphasized that nuclear power offers reliable baseload supply compared to intermittent renewables.
Key Takeaways
India’s nuclear expansion plan underscores the government’s intent to diversify energy sources and reduce dependence on coal. Achieving 91 GW capacity will require massive investment and policy support over the next two decades.