India has secured a long-term uranium supply deal with Australia to fuel its ambitious nuclear power expansion target of 100 GWe by 2047. Currently, domestic uranium reserves meet only 2.4 GWe out of 8.7 GWe capacity, and imports are essential due to high costs of low-grade domestic ore. This deal is part of India's strategy to diversify uranium sources following similar agreements with Canada and Kazakhstan.
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- ›Domestic Uranium Reserves: 4.3 lakh tonnes across 47 deposits
- ›Current Nuclear Capacity: 8.7 GWe
- ›Target this Data: India's nuclear capacity target of 100 GWe by 2047, current capacity 8.7 GWe, domestic uranium reserves 4.3 lakh tonnes.
- ›Target this Nodal Body: Uranium Corporation of India Ltd (UCIL) under Department of Atomic Energy.
- ›Target this Legal Point: NSG waiver granted to India in 2008 for civil nuclear trade despite being a non-NPT signatory.
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