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Why is US willing to do everything to get THIS thing from India, Pakistan, China will suffer
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India is actively enhancing its capacity to meet the growing energy demand and achieve environmental goals.
New Delhi: America is now focusing on India. Its attention is now on India’s nuclear energy. An American company, Brookfield Asset Management Limited, is one of the major investors planning to invest in India. The company plans to invest over 100 billion dollars in India over the next five years. A senior official from the company stated that they are also ready to support nuclear power projects. Recently, the government has also promoted this sector. If America’s investment in India increases significantly, it will raise tensions for both Pakistan and China. Here’s the full story.
India is actively enhancing its nuclear energy capacity to meet the growing energy demand and achieve environmental goals. The government has taken steps to increase nuclear power capacity from the current 8,180 megawatts to 22,480 megawatts by 2031-32. This expansion includes the construction and commissioning of 10 reactors with a total capacity of 8,000 megawatts in Gujarat, Rajasthan, Tamil Nadu, Haryana, Karnataka, and Madhya Pradesh.
Additionally, pre-project activities have commenced for ten more reactors, which are planned to be completed by 2031-32. Furthermore, the government has granted in-principle approval to establish a 6 x 1208 megawatt nuclear power plant in Kovvada, Srikakulam district of Andhra Pradesh, with support from the United States. Prime Minister Narendra Modi has discussed cooperation on nuclear energy during visits to France and the United States.
India needs to become a leader in nuclear energy because it is a reliable and environmentally friendly energy source. In fact, nuclear energy is the fifth largest source of electricity in India. It contributes about 2-3% to the country’s total electricity generation. Not only does it not emit greenhouse gases, but it also provides regular electricity supply. It has the least impact on environmental resources such as land and natural resources. America is keeping an eye on this.
India’s goal is to achieve a nuclear energy capacity of at least 100 gigawatts by the year 2047. To achieve this target, there is a need to increase nuclear energy production in India. There is a need to strengthen the infrastructure associated with nuclear energy. As soon as India amends its nuclear liability law, it will attract foreign companies that are hesitant to invest due to the fear of hefty penalties.
Brookfield is headquartered in New York. Its goal is to double its assets from nearly 1 trillion dollars during this time. Connor Teskey, the president of Brookfield Asset Management said, “We believe in nuclear energy. We think it is a good way to provide clean and consistent electricity. It will help meet the growing demand for energy worldwide.” He said that the demand for clean energy will increase in the future, which includes natural gas and nuclear energy.
India’s Small Reactors (BSR) are essentially compact nuclear reactors designed to generate electricity on a smaller scale compared to traditional large nuclear power plants. BSRs will be based on India’s tested and proven 220 megawatt Pressurized Heavy Water Reactor (PHWR) technology, of which 16 units are already operational in the country.
Currently, 24 reactors are deployed and 10 more will be built.
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