Should India consider phasing out nuclear power?

Context:

Germany has shut down the last of its nuclear power plants; France, the nuclear powerhouse of the world, is struggling to replenish its stock of ageing reactors.

Global Scenario

A lot has happened in the last two years. Particularly after the Ukraine war, nuclear power is seeing a renaissance.
South Korea’s new president has changed the energy policy and committed to increasing the share of nuclear power in the country’s energy mix to 30% by 2030.
Japan, which should have completely shut down reactors after the Fukushima (accident), is restarting them — 10 have been restarted.

Significance

Low carbon source: The value that nuclear provides is of being low carbon, firm etc. Firm power is the power that can be sent to the electric grid to be supplied whenever needed.
Cuts Import Bills: Nuclear energy will also relieve the nation of about $100 billion annually which we spend on importing petroleum and coal.
A reliable source of Energy: Nuclear power plants are capital-intensive and recent nuclear builds have suffered major cost overruns.

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