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India-Canada Uranium Deal: 24/7 Power Without Harming Nature?
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News18
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02-03-2026, 20:41
India-Canada Uranium Deal: 24/7 Power Without Harming Nature?
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India and Canadian company Cameco sign a uranium supply agreement, crucial for energy security and long-term strategy.
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The deal ensures a stable uranium supply for India's nuclear reactors, reducing dependence on coal and supporting 24-hour electricity.
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Nuclear energy is key to India's clean energy transition, aiming for net-zero emissions by 2070, providing continuous baseload power.
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Partnership with Canada diversifies India's supply chain for critical minerals and nuclear fuel, enhancing strategic raw material access.
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Stable and clean electricity supply will boost electric vehicles, chip manufacturing, and digital technologies, contributing to GDP growth.
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