The panel on alternative energy sources saw the companies talking about innovative measures as part of their energy transition. Indian corporates are looking at integrated energy technologies as part of their green transition journey but nuclear is the most suitable option.
“We have made a good start since the passage of SHANTI Act. As India grows, there is no option other than nuclear to look at as solar and wind have limitations,” said Rajiv Mangal, VP-Safety, Health & Sustainability, Tata Steel.
FAQs
Why are Indian corporates considering nuclear energy in their green transition plans?
Indian corporates see nuclear energy as a reliable long-term option because solar and wind have practical limitations. Industry leaders at the summit said nuclear can support growing energy demand while helping companies move towards cleaner power.
What did Tata Steel say about captive nuclear power?
Tata Steel said there is a clear business case for nuclear energy and it is open to exploring captive nuclear power for its long-term energy needs. The company also said it is studying European environmental standards for adoption at its Indian units.
How is L&T contributing to India’s alternative energy and nuclear journey?
L&T said it is focused on integrating multiple technologies for energy security. As a major EPC player in the nuclear sector, it is also working on green hydrogen projects and large renewable energy assignments for customers.
What is JSW’s view on India’s energy transition pathway?
JSW said India needs a practical and financially viable transition path that moves step by step from grey and brown energy towards greener options. It also highlighted the need for government mandates to create demand for sustainable products.
What concerns were raised about new nuclear technologies in India?
Experts said issues such as the liabilities clause in the SHANTI Act and public confidence near proposed nuclear sites need attention. They added that nuclear requires a 50 to 60 year commitment, and stronger justification and trust-building are still needed.
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