Background :-
Finance Minister’s budget speech in Lok Sabha on 29.02.2016 for 2016-17 budget included the following reference to nuclear energy:
“In the power sector, we need to diversify the sources of power generation for long term stability. Government is drawing up a comprehensive plan, spanning next 15 to 20 years, to augment the investment in nuclear power generation. Budgetary allocation up to ₹ 3,000 crore per annum, together with public sector investments, will be leveraged to facilitate the required investment for this purpose.”
Current Situation :-
- The Government has already accorded administrative approval and financial sanction for setting up four units of 700 MW each at Gorakhpur in Haryana
- The first two units - GHAVP 1&2 (2X700 MW) are under construction.
- The process of identification of suitable sites for locating future nuclear power plants is an ongoing activity, carried out by the Standing Site Selection Committee (SSSC) of the Department of Atomic Energy.
About DAE (Department of Atomic Energy):-
- The Department of Atomic Energy (DAE) came into being on August 3, 1954 under the direct charge of the Prime Minister through a Presidential Order.
- According to the Resolution constituting the AEC, the Secretary to the Government of India in the Department of Atomic Energy is ex-officio Chairman of the Atomic Energy Commission.
- Other Members of the AEC are appointed for each calendar year on the recommendation of the Chairman
- DAE has been engaged in the development of nuclear power technology, applications of radiation technologies in the fields of agriculture, medicine, industry and basic research.
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