Tata Consulting Engineers Advocates for Increased Private Sector Role in India's Nuclear Program
Tata Consulting Engineers (TCE) believes the Department of Atomic Energy (DAE) should prioritize strategic objectives and increase collaboration with the private sector in nuclear energy. TCE's managing director and chief executive, Amit Sharma, suggested the DAE could emulate the Indian Space Research Organisation (ISRO) in fostering private sector growth. Sharma stated that the DAE's core identity should remain focused on national strategic objectives, with the private sector taking a more prominent role in nuclear energy production.
TCE is engaged with various groups, including Reliance Industries and Bajajs, to conduct feasibility studies for nuclear power plant development. The company anticipates a rise in interest for smaller plants, including small modular reactors (SMRs), which are expected to mature by fiscal year 2031. These 200-300 MW plants could attract captive power producers and data center operators. Sharma also emphasized the necessity of establishing an independent regulatory apparatus, moving beyond the current Atomic Energy Regulatory Board (AERB).