While studying nuclear power’s importance in Indian power sector, it is necessary to analyze its advantages compared to other energy sources. The focus here is on the problems faced by the power industry in India, and on the possible comparative advantages offered by nuclear power. The thermal plants, which lead India’s power sector, also have its share of problems with fuel supply, and environmental regulations in India. This could eventually result in India not meeting its energy demand in future. On the other hand, renewable sources are not a reliable source of power yet though there is a need to increase the investments in renewable energy. Among the non-thermal energy sources, nuclear energy has to be considered as India’s hope to meet its reliable power requirements in immediate future.

Here are the key issues faced by other sources of power in India and the advantages offered by nuclear power:

The key drivers of India’s nuclear power industry are as follows:

This Blog is written by Akansha, Sr.Research Analyst. You can reach her akansha@dartconsulting.co.in