Centre to include private sector in boosting nuclear power capacity: Report

To supplement India’s green energy programme, the Centre will soon incentivise the private sector to set up small modular nuclear power plants under the public-private partnership (PPP) model. The NITI Aayog will soon start consultations with stakeholders for the same, a report in the Economic Times (ET) said.

Small modular nuclear reactors (SMRs) require less capital and space than traditional nuclear power plants. They have a power generation capacity of 300 MW per unit, one-third of regular nuclear plants. It generally takes five years to make one SMR.

NITI Aayog will also issue guidelines and regulations keeping in mind the safety standards and the impact on local communities.