As part of India’s plan to enhance its nuclear power capabilities, Finance Minister Nirmala Sitharaman announced plans to build Bharat Small Reactors (BSR) in her 2024 Budget speech. A major shift in India’s nuclear strategy is that this effort is about working together with the private sector.
Definition
India Small reactors are small nuclear reactors intended to generate power on a smaller scale than regular large nuclear power plants. India’s renowned 220 MW pressurized heavy water reactor (PHWR) technology will be used.
Importance of private sector participation
India’s nuclear energy landscape has changed forever as the government has promised to work with the corporate sector. The Atomic Energy Act of 1962 had made it difficult for private players to get involved, but this new plan was aimed at increasing funding and helping nuclear power grow.
Why does India need small reactors?
BSRs offer several benefits: Flexibility in siting and deployment Faster construction timelines Potential cost-effectiveness These reactors are ideal for providing power to remote areas and serving large industries, reflecting the global trend toward small modular reactors (SMRs). Bharat Small Modular Reactor Research and Development Sitharaman also highlighted the research plans on Bharat Small Modular Reactors (BSMR) at the Bhabha Atomic Research Centre. This initiative reflects India’s intention to explore advanced nuclear technology.
The emphasis on BSR is part of India’s broader goal to diversify its energy sources and transition to cleaner alternatives. Nuclear power is seen as an important alternative to thermal power for a stable supply of energy amidst increasing energy demand.
Clean Energy Transition India wants to shift to clean energy sources and get more energy from different sources, which is why it is focusing on BSR. People see nuclear power as an important alternative to thermal power to keep electricity running when energy demand increases. Connecting BSR to the grid may take several years as new rules and regulations are required. India’s nuclear power initiative still needs to address safety issues, deal with nuclear waste and ensure it is in line with the country’s energy goals.
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