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INDIA to Open-up the Nuclear Power Sector for Private Companies

Nuclear Power

India is actively opening its nuclear power sector to private investment to enhance capacity and meet climate objectives. 

Government plans to amend the Civil Liability for Nuclear Damage Act of 2010 and the Atomic Energy Act of 1962 to attract private and foreign investments. Target is to develop at least 100 GW nuclear energy by 2047, with an immediate goal of 20 GW by 2032. 

The Nuclear Power Corporation of India Limited (NPCIL) will operate 220 MW small nuclear plants, known as Bharat Small Reactors, funded and sited by private companies. This initiative aims to enhance India’s clean energy capacity and align with its net-zero carbon emission pledge by 2070

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