Latest news with #NuclearPowerCorporationofIndiaLimited
New Indian Express
19-05-2025
- Business
- New Indian Express
Govt considering amendments to Atomic Energy Act, nuclear liability law
NEW DELHI: Government is considering amendments to the laws governing the nuclear power domain, including the sectoral regulator, to allow participation of private sector as India eyes to produce 100 GW atomic energy by 2047. Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants. The government is also considering regulatory reforms and is evaluating the model of Indian National Space Promotion and Authorisation Center (INSPACe) which acts as the promoter and regulator for the space sector that was opened up for private participation in 2020. Finance Minister Nirmala Sitharaman announced opening up of the nuclear power sector which has been restricted to public sector companies. The Nuclear Power Corporation of India Limited operates atomic power plants across the country that contribute 8.7 GWe to the country's energy mix. Sitharaman also announced the Nuclear Energy Mission for research and development of Small Modular Reactors (SMR) with an outlay of Rs 20,000 crore and to operationalise five indigenously developed SMRs by 2033.
Hindustan Times
19-05-2025
- Business
- Hindustan Times
Govt considering amendments to Atomic Energy Act, nuclear liability law
New Delhi, Government is considering amendments to the laws governing the nuclear power domain, including the sectoral regulator, to allow participation of private sector as India eyes to produce 100 GW atomic energy by 2047. Government sources said amendments were being considered to the Atomic Energy Act to allow private sector participation and the Civil Liability for Nuclear Damage Act to limit the liability on suppliers of equipment to build atomic energy plants. The government is also considering regulatory reforms and is evaluating the model of Indian National Space Promotion and Authorization Center which acts as the promoter and regulator for the space sector that was opened up for private participation in 2020. Finance Minister Nirmala Sitharaman announced opening up of the nuclear power sector which has been restricted to public sector companies. The Nuclear Power Corporation of India Limited operates atomic power plants across the country that contribute 8.7 GWe to the country's energy mix. Sitharaman also announced the Nuclear Energy Mission for research and development of Small Modular Reactors with an outlay of ₹20,000 crore and to operationalise five indigenously developed SMRs by 2033. The Department of Atomic Energy officials has recently said that the Nuclear Energy Mission aims to leverage private sector participation, streamline regulatory frameworks, and scale up nuclear power production to meet India's increasing energy demands. Foreign nuclear power firms had evinced interest in setting up atomic power plants in India after it secured a waiver from the Nuclear Suppliers Group to engage in global nuclear trade. The NSG waiver came after the landmark India-US civil nuclear deal of 2008. However, the Civil Liability for Nuclear Damage Act of 2010 proved to be an impediment for private sector participation. The private sector termed certain provisions of the law were unacceptable and contradicted the international Convention for Supplementary Compensation for Nuclear Damage . The government expects the private sector to pitch in with investments to achieve the target of producing 100 GWe nuclear power by 2047. The officials said that around 50 per cent of the 100 GW target is expected to come from Public-Private Partnerships . A parliamentary panel has also recommended establishing a robust financial model that includes government incentives, Viability Gap Funding , and sovereign guarantees to attract both domestic and foreign investments. The Committee had suggested that expediting legislative amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act to encourage private investment in nuclear power generation. India plans to set up private sector SMRs of 220 MW Bharat Small Reactors for captive use. NPCIL had recently invited Request for Proposals from Indian industries for setting up 220 MW BSRs for captive use.
The Hindu
26-04-2025
- Business
- The Hindu
Chandrababu Naidu promises steps to improve the lot of fishermen in Andhra Pradesh
Andhra Pradesh Chief Minister N. Chandrababu Naidu has said the coalition government in the State will take steps for early completion of the construction of 11 ongoing fishing harbours in various parts of the State to provide livelihood opportunities for the fishermen community. Mr. Naidu was speaking after launching the Matsyakara Bharosa scheme at Budagatlapalem village of Etcherla mandal in Srikakulam district on Saturday. Under the scheme, a financial assistance of ₹20,000 is provided to each eligible fisherman family during the period of fishing holiday enforced between April and June annually. Interacting with the fishermen community on the occasion, the Chief Minister said that the Budagatlapalem harbor and Mulapeta seaport in Palasa Assembly constituency would be completed in one year. Mr. Naidu said ₹258 crore had been deposited in the bank accounts of the eligible families in spite of the financial constraints being faced by the government. 'It is only the TDP government that is taking special care of the fishermen community as it has understood its financial struggle during the fishing holiday period,' he said. Apart from the ₹20,000 financial assistance, the government was planning to support the fishermen by offering them concession on diesel required for boats and purchase of nets and other equipment. he said. Additional income sources 'We will also ensure that fishermen have additional income sources by establishing seaweed cultivation centres near the sea coasts,' Mr. Naidu said. Mr. Naidu observed that optimum utilisation of marine wealth would improve the per capita income of the fishermen families in the State. He said around 555 fishermen villages existed close to the sea coast in Andhra Pradesh and their incomes would rise with the construction of the fishing harbours, including one at Budagatlapalem. Skilling centre The Chief Minister said a skill development centre would be established in Etcherla constituency to impart training to the youngsters from the fishermen and other communities so that they would land jobs in industries such as pharmaceutical companies located in the constituency. He criticised the previous YSRCP government for imposing a debt burden of ₹10 lakh crore on the State without any development agenda. He said social security pensions worth ₹33,000 crore were being extended to various sections in spite of the financial hurdles. Kovvada issue Speaking on the occasion, District Collector Swapnil Dinakar Pundkar explained about the initiatives taken for the benefit of the fishermen community. He referred to the R&R package for the families of Dharmavaram that were displaced due to the land acquisition for the construction of the nuclear power project at Kovvada of Ranasthalam mandal. Responding to the issue, the Chief Minister assured to take up their grievances with the Nuclear Power Corporation of India Limited. Union Minister of Civil Aviation K. Rammohan Naidu, Andhra Pradesh Ministers of MSME and Agriculture K. Srinivas and K. Atchannaidu, Vizianagaram MP K. Appalanaidu, and Etcherla MLA N. Eswara Rao were present.
NDTV
21-04-2025
- Business
- NDTV
NPCIL Recruitment 2025: Jobs Based On GATE Score, No Exam Required
NPCIL Jobs 2025: The Nuclear Power Corporation of India Limited (NPCIL), a public sector enterprise under the Government of India, has invited applications for Executive Trainee posts in various disciplines. Those with a valid GATE score and an engineering degree can secure a government job without appearing for any written examination. The application process is currently underway on the official website - - and will continue until April 30. The last date to pay the application fee is also April 30. NPCIL Executive Trainee Vacancy 2025: Discipline-Wise Details A total of 400 Executive Trainee posts are available across the following engineering streams: Discipline Vacancies Mechanical 150 Chemical 60 Electrical 80 Electronics 45 Instrumentation 20 Civil 45 Eligibility Criteria To be eligible, candidates must have completed BE/BTech/BSc (Engineering) or a five-year integrated MTech degree with at least 60% marks from a recognised university. Additionally, a valid GATE score from 2023, 2024, or 2025 is mandatory. For detailed qualification requirements, candidates are advised to refer to the official notification. Age Limit And Relaxations General/EWS: Maximum 26 years OBC (Non-Creamy Layer): Maximum 29 years SC/ST: Maximum 31 years Salary And Allowances During the training period, selected candidates will receive a monthly stipend of Rs 74,000. A one-time book allowance of Rs 30,000 will also be provided. After successful completion of training, candidates will be appointed as Scientific Officer (Group C) with a starting salary of Rs 56,100 per month, along with other applicable benefits. Selection Process Selection will be based on GATE scores, followed by a personal interview. Unreserved category candidates must secure at least 70% marks in the interview. Reserved category candidates (EWS/SC/ST/OBC-NCL/PwBD) must obtain at least 60% marks. Interview Dates (Tentative): June 9 to June 21 Interview Locations: Anushaktinagar, Mumbai (Maharashtra) Narora Atomic Power Station (NAPS), Uttar Pradesh Madras Atomic Power Station (MAPS), Tamil Nadu Kaiga Generating Station (KGS), Karnataka Application Fee Only male candidates belonging to the General, EWS, or OBC (NCL) categories are required to pay a non-refundable application fee of Rs 500. Required Documents For Interview Candidates must carry their original academic documents, including mark sheets and final degree certificates, to the interview venue. For further details and to apply, visit the official NPCIL website -
