New Delhi, Feb. 14 -- India's nuclear sector has grown significantly over the last ten years from 4,780 MW in 2014 to 8,180 MW in 2024 and is poised to accelerate further after agreements signed during Prime Minister Narendra Modi's visit to France backed by a stepped-up allocation in the Union Budget.
To accelerate small modular nuclear (SMR) development, Rs 20,000 crore has been allocated in the 2025-26 Union Budget, with the target of designing and operationalising at least five indigenous SMRs by 2033.
India and France have signed an agreement to work together on developing SMR reactors, which are the next big thing changing the way nuclear power is deployed.
PM Modi and French President Emmanuel Macron emphasised the importance of n...