SMR with 300 MW capacity for clean energy transition soon to be developed

SMR with 300 MW capacity for clean energy transition soon to be developed

India is taking steps for development of Small Modular Reactors (SMR) with up to 300 MW capacity to fulfil its commitment to clean energy transition. As per reports, Union Minister of State for Science and Technology, Jitendra Singh said that technology sharing and availability of funding are two crucial links for commercial availability of SMR technology. The exploration of new clean energy options is in tune with Prime Minister Modi’s roadmap for clean energy transition through bold climate commitments and India has already taken steps for clean energy transition with penetration of non-fossil-based energy resources and achieving net-zero by 2070. Nuclear in terms of base load power can play a big role in the de-carbonization strategy. It is in this context that the role of nuclear energy will be critical for the clean energy transition of not just India but for the entire world. Further stating that, India stands at number four in the RE installed capacity across the world, after China, Europe and the United States and such measures also confirm the ‘Aatmanirbhar Bharat’ goal, where India contributes significant value to the global value chain.

 

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