PM Modi’s Meeting with Holtec International CEO Kris Singh on India’s Clean Energy Future
Prime Minister Narendra Modi’s roundtable meeting with CEOs of global technology and energy companies in New York has sparked significant discussions on India’s energy independence and technological growth. CEOs of Holtec International and Biogen lauded PM Modi’s vision and his government’s commitment to positioning India as a leader in clean energy and technology.
Holtec International’s Role
Holtec International CEO Kris Singh said that the Prime Minister’s focus is on making India energy independent through clean energy initiatives. ‘PM said to me that he wants to make India energy independent, he wants to rapidly grow clean energy in the country and the meeting was for clean energy,’ Singh said.
Holtec International, a leader in energy innovation, is exploring opportunities to support India’s clean energy goals by leveraging cutting-edge technologies like small modular reactors (SMRs). Singh stated, ‘I explained to him that the existing coal plants can be converted into our small modular reactors, the capacity at the plant will be increased by a factor of 3. PM is a very bright man. He understands the issue, understands the challenges and I think that he gets it.’
About Holtec International
Holtec International, a leading energy technology company based in Jupiter, Florida’s ‘Treasure Coast,’ is renowned for its innovation in carbon-free power generation, particularly in commercial nuclear and solar energy. To accommodate its growing operations, the company established the 50-acre, USD 260 million Krishna P. Singh Technology Campus along the Delaware River in Camden, New Jersey, an economically challenged city. This project has played a key role in revitalising Camden, a city once known for its technology and manufacturing prowess but in decline for five decades. The campus features a technology centre, a large manufacturing facility, a reactor test loop, and additional buildings dedicated to advancing Holtec’s SMR-300 small modular reactor.
Doubts Revealed
PM Modi -: PM Modi is the Prime Minister of India. His full name is Narendra Modi, and he is the leader of the Indian government.
Holtec International -: Holtec International is a company that makes technology to produce energy without using carbon, which helps keep the environment clean.
CEO -: CEO stands for Chief Executive Officer. This person is the boss of a company and makes important decisions.
Kris Singh -: Kris Singh is the CEO of Holtec International. He is the person who leads the company.
Clean Energy -: Clean energy is energy that does not pollute the environment. Examples include solar power, wind power, and nuclear power.
Roundtable meeting -: A roundtable meeting is a discussion where everyone sits together and talks about important topics. It is called ’roundtable’ because people usually sit in a circle.
Biogen -: Biogen is a company that makes medicines to help people with serious diseases. It is not related to energy but was part of the meeting.
Energy independent -: Energy independent means a country can produce all the energy it needs by itself without buying from other countries.
Coal plants -: Coal plants are places where electricity is made by burning coal. This can cause pollution.
Small Modular Reactors (SMRs) -: Small Modular Reactors (SMRs) are small nuclear power plants that can be built quickly and produce clean energy.
Carbon-free power generation -: Carbon-free power generation means making electricity without releasing carbon dioxide, which is a harmful gas for the environment.
Camden, New Jersey -: Camden is a city in the state of New Jersey, USA. Holtec International has a big technology center there.
