nuclear power

February 24, 2025 3:25 PM

Ashwini Vaishnaw calls for investment in nuclear power, assures Railways’ commitment to sustainable energy

Union Railway Minister Ashwini Vaishnaw has urged investors to tap into the potential of nuclear power, assuring that Indian Railways is prepared to purchase electricity from nuclear sources. Speaking at the Madhya Pradesh Global Investor Summit 2025 (GIS-2025) on Monday, Vaishnaw highlighted the growing energy demands of the railway sector and encouraged states to contribute through renewable and nuclear projects. "If a nuclear power plant can be set up in Madhya Pradesh, Indian Railways would...

February 4, 2025 11:52 AM

India accelerates nuclear power expansion in Union Budget 2025-26

The Union Budget 2025-26 lays out a major push for nuclear energy as part of India's long-term strategy to ensure energy security and transition to cleaner power sources. With an ambitious target of achieving 100 GW of nuclear power capacity by 2047, the government is positioning nuclear energy as a cornerstone of its energy mix. This initiative aligns with the broader objectives of Viksit Bharat, aiming to reduce dependence on fossil fuels while ensuring a stable and reliable power supply. Rec...

June 17, 2024 4:12 PM

US as many as 15 years behind China on nuclear power, report says

The U.S. is as many as 15 years behind China on developing high-tech nuclear power as Beijing's state-backed technology approach and extensive financing give it the edge, a report said on Monday. China has 27 nuclear reactors under construction with average construction timelines of about seven years, far faster than other countries, said the study by Information Technology & Innovation Foundation, a Washington-based nonpartisan research institute. "China’s rapid deployment of ever-more ...