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India imports almost 80% of her oil needs, generates 60% of her electricity from coal-based thermal power plants. However, these being fossil fuels, they are dwindling at quick rates. The geo-political scenario is volatile leading to energy insecurity of India. Many developing countries thus see nuclear energy as a potential for their energy security.
Energy matrix of India:
India’s current generation of power is about 2.03% which is very less. This is despite having 21 operational nuclear power plants across the country. Post Independence, three-stage nuclear programme was chalked out by Homi Jehangir Bhabha to secure India’s long-term energy independence.
The ultimate focus of the programme is on enabling the thorium reserves of India to be utilized in meeting the country’s energy requirements.
Distribution of Uranium and Thorium in India:
According to the Atomic Minerals Directorate for Exploration and Research (AMD), a constituent Unit of the Department of Atomic Energy (DAE), India has 10.70 million tonnes of Monazite which contains 9,63,000 tonnes of Thorium Oxide (ThO2).
India’s thorium deposits, estimated at 360,000 tonnes, far outweigh its natural uranium deposits at 70,000 tonnes. The country’s thorium reserves make up 25 per cent of the global reserves. It can easily be used as a fuel to cut down on the import of Uranium from different countries.
Despite presence of Uranium and Thorium reserves, our nuclear energy production is still at low levels. This is due to.
Way Forward:
India’s signing of nuclear deal with the USA in 2008 has given her opportunities to deal with other nuclear powers like France, Japan, Russia etc. India has diversified its procurement agreements with a large number of other countries too to step up the power generation from nuclear sources.
By: ABHISHEK KUMAR GARG ProfileResourcesReport error
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