India's Nuclear Energy Mission: Rs 20,000 Crore Outlay for Research
By Rediff Money Desk, New Delhi Feb 01, 2025 11:56
India announces a Nuclear Energy Mission with a Rs 20,000 crore investment focused on small modular reactors and research and development. The mission aims to boost the country's nuclear power capacity.

New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Saturday announced a Nuclear Energy Mission to promote research and development of small modular reactors, with an outlay of Rs 20,000 crore.
She also announced 10,000 fellowships for tech research at Indian Institute of Technology (IIT) and Indian Institute of Science (IISC) in the next five years.
Besides, the finance minister proposed to set up a National Spatial Mission and set up the Gyaan Bharat Mission for the survey, documentation and conservation of manuscript heritage.
In February last year, the government announced the addition of 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32.
She also announced 10,000 fellowships for tech research at Indian Institute of Technology (IIT) and Indian Institute of Science (IISC) in the next five years.
Besides, the finance minister proposed to set up a National Spatial Mission and set up the Gyaan Bharat Mission for the survey, documentation and conservation of manuscript heritage.
In February last year, the government announced the addition of 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32.
Source: PTI
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