The Union Budget proposes a collaboration between the government and private sector to establish Bharat Small Reactors (BSRs) and advance small modular reactor technology for nuclear power. This initiative aims to bolster indigenous nuclear technology and enhance India's energy mix. With nuclear power contributing significantly to global electricity, new advancements like small modular reactors are gaining attention. The Economic Survey suggests exploring nuclear energy and other alternatives to address renewable power intermittency risks. The power ministry supports private sector involvement with necessary safeguards.
