Concerned about running out of nuclear fuel, India is creating a strategic uranium reserve to ensure that its atomic reactors can keep producing electricity without interruption.
"The reserve pool could be anywhere between 5000 MT to 15,000 MT which can last for 5-10 years," The Times of India reported on Sunday, quoting a senior government official.
Nuclear represents a relatively small portion of baseload power for densely populated India. The country operates 20 mostly small reactors with a capacity of 4,780 megawatts or two percent of total electricity capacity, according to the Nuclear Power Corporation of India Limited.
However the government is hoping to increase that to 63,000 MW by 2032 by adding 30 reactors, at an estimated cost of $85 billion, Aljazeera reported in 2014.
India is actively seeking agreements with foreign powers in order to reach that goal, on top of the nuclear agreements it currently has with 11 countries and deals to import uranium from Russia, France and Kazakhstan.
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