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India's $1.9B Uranium Deal with Canada: 22M Pounds to Fuel Nuclear Expansion to 100 GW by 2047

Target:UPSC GS-IIIMPSCSSC GATeachingPrelims HighMains HighStatic GK Link
03 Mar 2026
~2 min
Source: Indian Express
Key Data:22 million pounds uranium$1.9 billion deal2027-2035 supply period9 GW to 100 GW nuclear capacity by 20470.02-0.45% domestic uranium grade
Bodies:Department of Atomic Energy (DAE)CamecoKazatompromUranium Corporation of India Limited (UCIL)
Practice MCQs from today's news ▸
What This Article Covers

1.India signs $1.9 billion uranium deal with Canadian company Cameco for 22 million pounds (10,000 tonnes) from 2027-2035.

2.India imports over 70% of its uranium due to low-grade domestic deposits (0.02-0.45% vs global 1-2%), making imports crucial for nuclear expansion.

3.India's three-stage nuclear programme aims for thorium-based energy, but current reactors rely on uranium imports, highlighting energy security challenges.

The Big Picture
Prelims · HighMains · High

India has secured a $1.9 billion uranium supply deal with Canada for 22 million pounds to power nuclear reactors from 2027-2035. This is critical for India's plan to increase nuclear capacity from 9GW to 100GW by 2047, despite low-grade domestic uranium. The deal also marks a normalization in bilateral relations and supports India's long-term three-stage nuclear programme.

Exam Lens

Quick Exam Facts From News

Deal Value$1.9 billion (2.6 billion CAD)
Uranium Quantity22 million pounds (10,000 tonnes)
Supply Period2027-2035
Current Nuclear Capacity9 GW
Target Capacity by 2047100 GW
Domestic Uranium Grade0.02-0.45%

1-Minute Revision

  • ›Deal Value: $1.9 billion (2.6 billion CAD)
  • ›Uranium Quantity: 22 million pounds (10,000 tonnes)
  • ›Target this Data: 22 million pounds uranium supply from Canada (2027-2035)
  • ›Target this Nodal Body: Department of Atomic Energy (DAE)
  • ›Target this Strategic Goal: Increase nuclear capacity to 100 GW by 2047

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which department is primarily responsible for India's nuclear energy programme as mentioned in the news article?

Q2Statement-basedHard

Consider the following statements regarding the news:

1. India has signed a uranium supply deal with Canada for 22 million pounds worth $1.9 billion.

2. Domestic uranium deposits in India have an ore grade of about 1-2%, similar to the global average.

3. India's three-stage nuclear programme is currently in its third stage, using thorium as the main fuel.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what is the target nuclear capacity India aims to achieve by 2047?

Q4Application/ImpactMedium

What is the primary reason for India's dependence on imported uranium as per the news article?

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