India has announced the Nuclear Energy Mission to expand its nuclear power capacity from the current 8.8 GW to 100 GW by 2047, aligning with its long-term clean energy and climate goals.
Announced as part of Budget FY26, the plan includes structural reforms to allow private and foreign participation, along with a comprehensive roadmap addressing financing, safety, fuel management, and policy frameworks. The mission will feature a diverse reactor mix, including PHWRs, PWRs, FBRs, and modular reactors, backed by an estimated Rs 20 lakh crore investment. Key requirements include uranium procurement, heavy water, enriched fuel, and skilled manpower.
A high-level inter-ministerial committee has proposed strategies such as indigenous manufacturing, credit enhancement, fleet procurement, and inclusion of nuclear power in climate finance taxonomy to lower tariffs. Efficient spent fuel handling, waste management, and plant decommissioning policies will be critical. The Mission positions India as a future global leader in nuclear energy, balancing energy security, sustainability, and economic viability.