'15,000 tonnes of uranium needed to achieve supply security of fuel for nuclear plants'

Agencies
December 30, 2018

New Delhi, Dec 30: A stockpile of 15,000 tonnes of uranium is required for achieving supply security of fuel for nuclear plants in the country, the Department of Atomic Energy (DAE), which manages atomic energy installations, has told a parliamentary panel.

The panel report, which was tabled before the Lok Sabha in the on-going Parliament session, also recommended that necessary steps should be taken to ensure new uranium mines are opened as soon as possible to reduce the dependance on the imported uranium.

Currently, a major portion of domestic production of uranium comes from the Jaduguda mines of Jharkhand, which are "old" and the ore is found at "great depths." Moreover, the high extraction cost makes it "unviable" as compared to imported uranium, the panel noted.

Besides the Jaduguda mines, the uranium is extracted from the Tummalapalle mines in Andhra Pradesh. Apart from Jaduguda, uranium reserves are available in Meghalaya, Andhra Pradesh, Rajasthan, Haryana, Karnataka and Tamil Nadu.

India has 22 nuclear power reactors and domestic uranium is used in nuclear plants which are not under the international nuclear energy watchdog, International Atomic Energy Agency (IAEA).

India currently imports uranium from Kazakhstan, Canada and Russia.

"The committee notes that the DAE aims at a stockpile of 15,000 tonnes of uranium for achieving a level of comfort in so far as achieving supply security of nuclear fuel for nuclear plants is concerned," the panel said in its report.

The government also plans to build a Strategic Uranium Reserve to ensure that there is no shortage of uranium for its power reactors.

For the 10 Pressurised Heavy Water Reactors (PHWRs), there will be a requirement of about 1250 metric tonnes of natural uranium dioxide fuel, the report said.

The panel also noted that although nuclear plants are heavily capital intensive, the cost per unit power generation is low. It stated that the tariff for the two Boiling Water Reactors (BWRs) of Tarapur Nuclear Power Plant with a capacity of 160 MW each is as low as 90 paise per unit whereas it is Rs 2.70 per unit for the new plants.

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News Network
July 31,2020

New Delhi, Jul 31: Air India has operated more than 2800 flights and flown over 3 lakh passengers worldwide till now under the Vande Bharat Mission.

"Air India under Vande Bharat Mission Operated more than 2800 flights and flown more than 3 lakh, 80 thousand passengers worldwide till now," Air India said in a tweet on Thursday.

The fifth phase of the Government of India's 'Vande Bharat' mission, aimed at evacuating Indian nationals stranded in various foreign countries owing to restrictions on air travel, will begin early next month, August 1.

"Under Vande Bharat Mission, we have already brought back more than 2.5 lakh stranded Indians from 53 commies," Air India had earlier said in a statement.

Over 7.88 lakh Indians stranded abroad due to coronavirus pandemic have returned under Vande Bharat Mission till July 22, Ministry of External Affairs had said.

The government started Vande Bharat Mission on May 7.

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Agencies
May 13,2020

New Delhi, May 13: Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral-free automatic loan for businesses, including MSMEs.

This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package.

The loan will have 4-year tenure and will have a 12-month moratorium, she said.

Also, Rs 20,000 crore subordinated debt will be provided for stressed MSMEs, she said adding this would benefit 2 lakh such businesses.

The Finance Minister said a fund of funds for MSME is being created, which will infuse Rs 50,000 crore equity in MSMEs with growth potentials.

Also, MSME definition has been changed to allow units with investment up to Rs 1 crore to be called micro-units in place of Rs 25 lakh now.

Also units with turnover up to Rs 5 crore to be called micro-units, she said, adding a turnover based criteria is being introduced to define small businesses.

The investment and turnover limits for small and medium businesses have likewise been raised to allow them to retain fiscal and other benefits, she said.

Global tenders will be banned for government procurement up to Rs 200 crore, she said, adding this would help MSMEs to compete and supply in government tenders.

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JM
 - 
Thursday, 14 May 2020

Fully automatic loan..... not reachable to poor needy......

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News Network
February 28,2020

New Delhi, Feb 28: The months of March, April and May are "likely to be warmer than normal" over northwest, west, central and parts of south India, the India Meteorological Department said today in its summer forecast.

Above normal heat wave conditions are also likely in the core heat wave (HW) zone during the season (March-May), the weather department said.

The core heat wave zone covers the states of Punjab, Himachal Pradesh, Delhi, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh Gujarat, Madhya Pradesh, Bihar, Chhattisgarh, Jharkhand, West Bengal, Odisha and Telangana and parts of Maharashtra and coastal Andhra Pradesh.

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