Six private entities including Reliance Industries, Tata Power, and Adani Power have shown interest in setting up Small Modular Reactor (SMR) projects in India.
The Nuclear Power Corporation of India Ltd (NPCIL) has proposed 'Bharat Small Modular Reactors' (BSMRs) for this initiative.
16 tentative sites across six states: Gujarat, Madhya Pradesh, Odisha, Andhra Pradesh, Jharkhand, and Chhattisgarh have been marked for these projects.
NPCIL will retain operational control and asset ownership, while private players will have rights over the net electricity generated for captive use.
Detailed Insights:
SMRs ranging from 30MWe to 300 MWe are seen as a commercially competitive option for nuclear energy, especially with delays in large nuclear projects.
SMRs can provide low-carbon electricity for energy-intensive industries like steel, aluminum, and cement, and can repurpose decommissioned thermal power plants.
Global tech companies like Google and Microsoft are considering nuclear energy to power data centers, seeking a clean, round-the-clock power source.
Two SMR projects are currently operational globally: the Akademik Lomonosov in Russia and the HTR-PM in China.
The BSMR project aims to position India in the manufacturing value chain of SMRs and promote industrial decarbonization.
India is developing SMR prototypes through the Bhabha Atomic Research Centre (BARC) and exploring technology from the US, Russia, and other countries.
Legislative amendments are underway to align India's atomic energy sector laws with global standards, addressing investor concerns and opening the sector.
Key Concepts Involved:
Small Modular Reactor (SMR): Small nuclear reactors with a capacity of 30MWe to 300 MWe per unit.
Captive Use: Generation of power for own consumption and not for sale to others.
Decarbonisation: Reducing carbon emissions, especially from industrial processes.