fm-sitharaman-announces-nuclear-energy-mission-for-2047-in-budget-2025

Finance Minister Nirmala Sitharaman on Saturday unveiled a new Nuclear Energy Mission during the Union Budget 2025 presentation.

The mission, which aims to achieve 100 gigawatts (GW) of nuclear energy by 2047, aligns with India’s long-term vision of becoming a developed nation under the "Viksit Bharat" initiative.

Speaking at the Budget presentation, Sitharaman said, “Nuclear Energy Mission for Vikasit Bharat Development of at least 100 gigawatts of nuclear energy by 2047 is essential for our energy transition efforts.”

To facilitate the growth of nuclear energy, the government plans to amend critical laws, including the Atomic Energy Act and the Civil Liability for Nuclear Damage Act, in order to increase private sector participation.

At present, India’s nuclear energy production is largely controlled by government-run entities. The inclusion of the private sector is expected to fast-track the development of nuclear power projects and significantly boost clean energy generation.

A special focus will be placed on Small Modular Reactors (SMRs)—compact, cost-effective nuclear reactors that offer scalable and sustainable energy solutions.

In line with this, Sitharaman announced an allocation of Rs 20,000 crore for the research and development of SMRs, a promising technology to meet the nation’s growing energy requirements while ensuring safety and efficiency.

The government expects at least five indigenously developed SMRs to be operational by 2033.

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Sitharaman further stated, “As part of the Nuclear Energy Mission for Research and Development, at least five indigenously developed small modular nuclear reactors will be operationalised by 2033.”

This initiative is expected to bolster India’s nuclear energy capabilities and play a pivotal role in reducing dependence on fossil fuels. The government views nuclear power as a reliable and clean alternative to coal and oil-based generation.

With a target of 100 GW of nuclear capacity by 2047, India aims to secure its position as a global leader in nuclear energy, providing a stable, low-carbon electricity supply for its expanding economy.