India Targets 100 GW Nuclear Capacity by 2047 with Private Investment
India is working to increase its nuclear power capacity to 100 GW by 2047. This expansion includes an anticipated ₹7.5 lakh crore investment from private players, who are projected to contribute 30 GW to the target. The current installed nuclear capacity in India is 8.78 GW from 24 reactors.
The government's long-term plan involves increasing capacity to approximately 22 GW by 2031-32, before reaching 100 GW by 2047. Nuclear Power Corporation of India Limited (NPCIL) is expected to raise its capacity to 54 GW by 2047, with other public sector companies, state governments, and private entities contributing the remaining 46 GW.
India's Department of Atomic Energy has identified about 439,800 tonnes of in-situ uranium oxide resources and 1.18 million tonnes of thorium oxide resources. The country is pursuing a three-stage nuclear power program to optimize its uranium resources and utilize thorium for long-term energy security.