NewsStocksIndia Accelerates Clean Energy Push: Nuclear Power Expansion and Renewable MilestonesIndia Accelerates Clean Energy Push: Nuclear Power Expansion and Renewable Milestones
India announces plans to increase nuclear power capacity tenfold over two decades, with 10 new reactors under construction. The country has achieved its 50% clean energy target ahead of schedule, with solar energy production growing 30-fold in 11 years. The government launched the National Deepwater Aspiration Mission to expand clean energy sources and reduce fossil fuel imports. India ranks 4th globally in renewable energy installed capacity and is exploring over 1,200 sites for critical minerals to support its clean energy goals.
*this image is generated using AI for illustrative purposes only.
India is making significant strides in its clean energy transition, with Prime Minister Narendra Modi announcing ambitious plans for nuclear power expansion and highlighting the country's achievements in renewable energy.
Nuclear Power Expansion
Prime Minister Modi revealed India's intention to increase its nuclear power generation capacity tenfold over the next two decades. This ambitious plan includes the ongoing construction of 10 new nuclear reactors, signaling a strong commitment to nuclear energy as a key component of India's future power mix.
Clean Energy Target Achieved Ahead of Schedule
In a notable achievement, India has already met its 50% clean energy target ahead of the planned timeline. This milestone underscores the country's rapid progress in transitioning towards cleaner energy sources and reducing its carbon footprint.
Solar Energy Growth
The solar energy sector in India has experienced remarkable growth, with production increasing 30-fold over the past 11 years. This exponential growth in solar capacity has played a crucial role in India's clean energy success story.
National Deepwater Aspiration Mission
To further reduce energy imports, the government has launched the National Deepwater Aspiration Mission. This initiative aims to expand various clean energy sources, including:
- Solar power
- Hydroelectric power
- Hydrogen energy
- Nuclear power
Reducing Dependence on Fossil Fuel Imports
Prime Minister Modi emphasized the need to decrease reliance on imported fossil fuels, noting the significant portion of the Union Budget spent on petrol, gas, and diesel imports. Currently, India imports 88.80% of its crude oil demand, highlighting the importance of developing domestic clean energy sources.
Global Standing in Renewable Energy
India has established itself as a leader in renewable energy:
- Ranks 4th globally in renewable energy installed capacity
- Boasts the fastest-growing renewable energy program worldwide
Critical Mineral Exploration
To support its clean energy ambitions, India is actively exploring critical minerals:
- Over 1,200 sites under exploration
- Plans for a National Exploration Mission to further support these efforts
This comprehensive approach to energy transformation demonstrates India's commitment to sustainable development and energy security. By diversifying its energy sources and focusing on clean technologies, India is positioning itself as a key player in the global transition to a low-carbon future.
15
