India-Australia Civil Nuclear Cooperation: Uranium Deal to Power India's Energy Mission

The Civil Nuclear Cooperation agreement between India and Australia has strengthened the pathways for commercial uranium imports to India. This deal is extremely significant for achieving India's target of 100 GW nuclear energy capacity by 2047, bolstering energy security, promoting clean carbon-free energy, and enhancing India-Australia bilateral strategic relations.

Uranium is a radioactive, silvery-gray heavy metal with chemical symbol U and atomic number 92. Discovered by German chemist Martin Heinrich Klaproth in 1789, it was named after the newly discovered planet Uranus. Its high density and fissionability make it the primary fuel source for nuclear power generation, as well as finding critical uses in medicine, military armor, and radiation shielding.

India has set a target of achieving 100 GW of nuclear power capacity by 2047 (the centenary of India's independence).

• Current Scenario: India currently operates 24 nuclear reactors with an aggregate installed capacity of around 8.78 GW.
• Future Milestones: The capacity is slated to grow to 22 GW by 2031-32, culminating in the 100 GW milestone by 2047.

Since India's domestic uranium reserves are limited, international supply agreements are essential to keep reactors fueled.

Australia holds the largest recoverable resources of uranium in the world, making up roughly 28% of the global share. The distribution of major reserves is represented below:

India currently imports uranium from Kazakhstan, Canada, Russia, and Australia. Extending nuclear commercial supply deals with Australia secures and diversifies India's energy sourcing routes.

India currently imports uranium from the following key countries:

The construction and operation of nuclear power reactors in India are managed by the Nuclear Power Corporation of India Limited (NPCIL).

• NPCIL: A wholly owned Government of India enterprise under the administrative control of the Department of Atomic Energy (DAE). It handles designing, constructing, commissioning, and running commercial nuclear power stations.
• Nuclear Energy Mission: Mandated to accelerate the deployment of clean nuclear energy across India, reducing carbon footprint, providing stable grid power, and supporting India's pledge to reach Net-Zero carbon emissions by 2070.