India Intelligence Report
 

   High Hopes on Nuclear Energy

 

Nuclear Power Corporation Chief S. K. Jain unveiled the country’s nuclear vision and plans while inaugurating an indigenously manufactured nuclear fuelling machine head, a critical part of its nuclear program. Until recently, India would need to import such equipment but two years ago, the country adopted a policy to indigenize most components required to ensure continued viability of the nuclear program. This component will be installed at the Rajasthan Power Plant.

Because of continued sanctions, India currently produces only 3316 megawatts (MW) of nuclear power and plans to increase this production to 7000 mw by 2008 and 12,000 by 2012. By 2025, India will have 62 reactors that will power most of India. Currently, only 3% of India’s power requirements come from Nuclear energy and will go to 5% when Tarapur becomes operational by June this year and become 20% by 2030. The Planning Commission has already chalked a 30 year program where 30000-40000 mw of will be generated based on cooperation with countries like France, Russia, and the US.

Jain also said that the world’s first Fast Breeder Reactor (FBR) at Kalpakkam will be operation by 2008 to generate 500MW using Plutonium which is a waste by-product of uranium. India is the only country that is pursuing this technology and if successful, it will pursue many other ones. Moreover, India will be in a position then to sell such reactors to other nations and become a net fuel exporter.

India is also collaborating with Russia in a 1000MW reactor at Kudankulam which is expected to be
ready in 2008 at a cost of USD 2.8 billion and another six months after that.

The NPC also has a reserve fund of USD 11.23 billion which can procure a 10,000 mw plant immediately.