In a significant move towards clean energy transition, Finance Minister Nirmala Sitharaman introduced a Nuclear Energy Mission during the Union Budget 2025 presentation.
The mission's goal is to develop 100 gigawatts (GW) of nuclear energy by 2047, in line with India’s aspirations to become a developed nation under the "Viksit Bharat" initiative.
FM Sitharaman emphasized, “Nuclear Energy Mission for Vikasit Bharat Development of at least 100 gigawatt of nuclear energy by 2047 is essential for our energy transition efforts.”
To achieve this ambitious target, the government plans to amend several key laws, including the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, to encourage greater private sector involvement.
Currently, nuclear energy production is largely controlled by state-run entities, but allowing private participation aims to accelerate nuclear power development and enhance clean energy production.
In addition, FM Sitharaman highlighted a special focus on Small Modular Reactors (SMRs), which are compact nuclear reactors designed to be cost-effective and scalable.
She announced a Rs 20,000 crore allocation for SMR research and development, a technology expected to play a key role in meeting India’s growing energy needs. The government anticipates that at least five indigenously developed SMRs will be operational by 2033.
Sitharaman said, “As part of the Nuclear Energy Mission for Research and Development, at least five indigenously developed small modular nuclear reactors will be operationalized by 2033.”
This bold step will significantly strengthen India’s nuclear energy capabilities, reduce reliance on fossil fuels, and contribute to the nation’s low-carbon future. The Nuclear Energy Mission signals a major policy shift, with nuclear power seen as a key alternative to coal and oil-based power generation.
By 2047, the mission aims to make India a global leader in nuclear energy, ensuring a stable, low-carbon electricity supply to support the country’s growing economy.