India Needs Uranium Imports to Bridge Energy Demand: Anil Kakodkar

By Narsi Santhanam • Feb 6th, 2009 • Category: Uncategorized

India needs to import large amounts of uranium to meet its nuclear energy requirements till it fully explores its internal reserves, Atomic Energy Commission (AEC) chairperson Anil Kakodkar said.

Kakodkar said: ‘India’s energy demand will be almost 10 times higher by 2050 compared to what it is now. Even after exploiting our domestic resources to the optimal lever, country’s total energy deficit will be around 25-30 percent. If we want to bridge this energy shortfall by importing coal, we’ll have to buy 1.6 billion of coal annually.

‘To meet national energy requirement, we should focus on uranium import for a certain time, till we explore our own internal uranium reserves within the country. India is one of those very few countries which has an expertise to generate nuclear energy with indigenous technology.’

He said: ‘Though India has uranium resources, the quality of the mineral is very low.’

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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