Indian nuclear energy market aims to achieve 22480 MW by 2031-32. The country has 22 operational reactors with a capacity of 6780 MW. The first indigenous 700 MW Pressurized Heavy Water Reactor (PHWR) has been connected to the grid and expected to be commercially operational by September 2021.
The Government of India has rolled out economic package named the “Atmanirbhar Bharat Abhiyan” putting emphasis on strengthening local manufacturing and on building robust supply chains taken together with the Make in India campaign of 2014, which emphasizes on domestic industrial production.
As a boost to domestic and international suppliers to plan and prioritize their resources, the Government of India is planning to commission 20 new nuclear power plants, out of which 8 are presently under construction, which will generate additional capacity of 15,000 MW by 2032.
India will be constructing 12 Indigenous reactors in fleet mode to ensure standardisation, lower costs and accelerate the nuclear power programme. This indigenous project will generate a capacity of 8400 MW and create more than 30,000 jobs.
Currently, in terms of foreign reactors, the construction of Rosatom’s unit 3 & 4 reactors at Kundankulam is scheduled to be completed by 2023 and the construction of Kundankulam unit 5 & 6 has begun. Électricité de France (EDF) has submitted the techno-commercial offer (TCO) to Nuclear Power Corporation of India Limited (NPCIL) for construction of 6 European Pressurized Reactor (EPR) reactors which will have a capacity of 9.6 GW. With India and USA extending Memorandum of Understanding (MOU) for cooperation on nuclear energy for 10 more years, Westinghouse project of 6 AP-1000 reactors is set to gain some traction.
The report summarizes the key discussions from India Nuclear Business Platform Lite (INBP Lite) sessions held in April, 2021 focusing on hot button issues, which presents the opportunities, challenges and suggestions to accelerate the Indian nuclear power programme. Few of the key highlights include:
- Recommendations provided by Indian suppliers to NPCIL to maintain continuity of work
- Challenges faced from NPCIL point of view and how they can be mitigated
- Localization opportunities for suppliers participating in the Indian nuclear power
- Risk mitigation measures for suppliers expanding their business in Indian nuclear
- Understanding the regulatory requirements and the consenting process for a new
applicant in the upcoming projects
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