Key Points
India plans to invite private firms, including Reliance Industries, Tata Power, Adani Power, and Vedanta, to invest around $26 billion in its nuclear energy sector, marking the first time New Delhi seeks private investment in nuclear power..
The government aims to build 11,000 MW of new nuclear power generation capacity by 2040, contributing to its target of having 50% of installed electric generation capacity from non-fossil fuels by 2030.ReutersImage for representation..
India will invite private firms to invest about $26 billion in its nuclear energy sector to increase the amount of electricity from sources that don't produce carbon dioxide emissions, two government sources told Reuters...
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India's total electricity generation..
The federal Department of Atomic Energy and state-run Nuclear Power Corp of India Ltd (NPCIL) have held multiple rounds of discussions with the private companies in the past year on the investment plan, the sources said...
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