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Indian Economy - Understanding the basics of Indian economic system
Context: Recently, NTPC Limited signed a strategic pact with US-based Clean Core Thorium Energy (CCTE) to explore development and deployment of ANEEL (Advanced Nuclear Energy for Enriched Life).
NTPC, a Maharatna company under Government of India, is India’s largest power generator.
Developed by CCTE, ANEEL is a Thorium based fuel for Pressurised Heavy Water Reactors (PHWRs).
Note: CCTE is a leading developer of thorium-based nuclear fuel technologies, committed to pioneering research of advanced nuclear fuel cycles.
CCTE’s flagship Aneel fuel combines thorium with small amounts of enriched uranium.
The expected benefits of Aneel fuel include the utilisation of thorium as a fuel in existing PHWR reactors, significant reduction in nuclear waste, enhancing India’s energy security using domestically-available thorium, and improved safety and proliferation resistance.
It added that Aneel fuel offers cost savings by delivering greater energy output within existing safety margins and lowering the operating costs of current reactors.
Utilization of thorium as a fuel in existing PHWR reactors, enhancing India’s energy security using domestically available thorium.
Waste Reduction: Through high burnup fuel performance, it reduces nuclear waste generation by over 85%.
Cost Savings: Fewer fuel replacements reduce operational expenses.
Non-Proliferation: Spent fuel is non-weaponizable due to thorium content.
Thorium is a naturally occurring radioactive metal.
Thorium exists in nature in a single isotopic form – Th-232 – which decays very slowly.
Most common source of thorium is Monazite, whose richest concentrations are found in placer deposits.
India has the largest thorium reserves in the world (11.93 million tonnes of Monazite, containing 1.07 million tonnes of thorium).
Thorium (Th-232) is not itself fissile and so is not directly usable in a thermal neutron reactor.
It requires a fissile material such as Uranium-233 or Plutonium-239 as a driver for chain reaction.
By: Shubham Tiwari ProfileResourcesReport error
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