Sunday, December 18, 2011

Indian Nuclear Energy

The global nuclear industry is moving forward at a brisk pace, only slightly slowed by the Fukushima accident. The International Atomic Energy Agency’s most realistic estimate is that 90 new nuclear plants will enter service by 2030. Ten new nuclear plants went online over the past two years.

The home of more than one billion people, India has had one of the world’s fastest-growing economies over the past decade. During this same time frame, the country has made big strides in increasing its capacity for nuclear generation of electricity.

India now envisages increasing the contribution of nuclear power to overall electricity generation capacity from 3.2% to 9% within 25 years. By 2020, India's installed nuclear power generation capacity will increase to 20,000 MW.

India now ranks sixth in terms of production of nuclear energy, behind the U.S., France, Japan, Russia, and South Korea.

There are now 439 nuclear reactors in operation around the world in over 30 countries, providing almost 16% of the world’s electricity.

Given the emphasis on rapid expansions in the Indian nuclear power industry, it is imperative to bring the Indian know-how and resources together with global nuclear skills and experience to introduce a new dimension to the upcoming nuclear power projects. Looking at all above important issues, UBM India is bringing its 4th International Exhibition and Conference from 25 to 27 September 2012 at Mumbai. The exhibition and the concurrent summit will be an excellent global networking opportunity for the exhibitors, visitors and delegates. It will provide an opportunity for all companies showcase their nuclear expertise and know-how and identify business opportunities in the Indian market.