90 percent of New Nuclear Energy Capacity will arise in India, China

90 percent of New Nuclear Energy Capacity will arise in India, China

According to the International Energy Agency, nuclear power production will grow by 46 percent by 2040 — and more than 90 percent of the net increase will come from India and China which are among the top consumers of energy in the world.

Agneta Rising, the director general of the World Nuclear Association, noted that the  ” largest growth in nuclear energy is in the Asia region, especially in China and India,” adding that nuclear power is “absolutely compatible” and “necessary” for a low carbon future.

Kakrapar Nuclear Energy Plant

In 2017, China added three nuclear reactors and its total nuclear production rose by 18 percent — or 35 TWh — the World Nuclear Industry Status Report said.

With 22 nuclear reactors, India has the seventh-largest nuclear production fleet in the world, according to the International Atomic Energy Agency. With a shortage of fossil fuels, India is pursuing nuclear investments as an alternative to add to the country’s energy mix to power the country’s development. French electricity company Electricite de France (EDF), one of the largest nuclear operators in the world, will build six European Pressurized Reactors in India. The French-Indian Jaitapur project will be the “the largest nuclear plant in the world,” said Marianne Laigneau, group senior executive vice president at EDF.


About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
India Business Guide
White Papers
Case Studies
Companies In India