Context: A recent study by academics at the Indian Institute of Management emphasizes that for India to attain developed country status by 2047 and align with net zero carbon emissions by 2070, it must heavily prioritize investments in nuclear energy and expand associated infrastructure.
Nuclear Energy
oNuclear energy stands as the second-largest contributor to low-carbon power worldwide, comprising 26% of the total in 2020.
oIndia currently operates 22 nuclear reactors situated within 7 nuclear power plants, boasting an aggregate installed capacity of 6780 MW.
o Nuclear energy can help India meet the INDC target under the Paris Climate Treaty.
Uranium
oJharkhand state holds 70% of the country's uranium reserves.
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