Nuclear Energy Mission and Power Reforms in Budget 2025-26
Why in the news
The Budget 2025-26 speech announced a nuclear energy push and incentives for electricity distribution reforms.
Key facts
- Nuclear Energy Mission: R&D of Small Modular Reactors (SMRs), outlay Rs 20,000 crore.
- SMR goal: at least 5 indigenous SMRs working by 2033.
- Target: 100 GW nuclear power by 2047 for the energy transition.
- Private role: the Atomic Energy Act and Civil Liability for Nuclear Damage Act to be amended.
- States: rewarded for distribution reforms and stronger intra-state transmission; extra borrowing of 0.5% of GSDP if conditions are met.
Significance
- Strengthens energy security and improves the finances of power utilities.
Exam angle
- SMR: Small Modular Reactor; 5 by 2033.
- Extra state borrowing: 0.5% of GSDP.