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Union Budget 2025-26 Highlights India's 100 GW Nuclear Power Target by 2047 and ₹20,000 Crore Allocated for Indigenous SMRs.

National | Dated: 11 Feb 2025

On February 1, 2025, Union Minister Nirmala Sitharaman, Ministry of Finance (MoF), presented the Union Budget 2025-26, emphasizing nuclear energy as a key sector. The budget focuses on developing indigenous nuclear technology, encouraging private sector participation, and making significant investments in nuclear infrastructure.

🎯 Key Highlights:

  • - India has set an ambitious target of 100 Gigawatts (GW) of nuclear power by 2047, aligning with its long-term energy strategy.
  • - This initiative aims to enhance energy security, reduce fossil fuel dependence, and support the vision of Viksit Bharat (Developed India).

💡 Other Important Facts:

  • (i) The Nuclear Energy Mission for Viksit Bharat is a significant initiative aimed at advancing research and innovation in nuclear power, thereby enhancing India's domestic nuclear capabilities.
  • (ii) To facilitate this, the government has earmarked Rs 20,000 crore (USD 2.6 billion) for the development of five indigenous Small Modular Reactors (SMRs) by 2033.
  • (iii) The Government of India has set a target to increase nuclear power capacity from 8,180 MW in 2024 to 22,480 MW by 2031-32, reinforcing the country's commitment to clean energy and energy security.

📚 Test Your Knowledge:

Recently, as per the Union Budget 2025-26, what is India's target for nuclear power capacity by 2047?

Correct Answer: 100 GW

🚀 Quick Recap:

About Ministry of Finance (MoF)

  • Minister : Nirmala Sitharaman
  • Headquarters : New Delhi