Nuclear Energy

Govt offers retrospective tax relief for nuclear power equipment imports

The exemption covers specified goods imported for nuclear power generation under designated customs tariff categories

Fairwood Nuclear, SK Securities sign pact to advance small reactor projects

India's Fairwood Nuclear Pvt Ltd and South Korea's SK Securities Co Ltd have signed a strategic collaboration agreement to support the development and financing of small modular reactors (SMRs) and micro modular reactors (MMRs) in India, the companies said on Wednesday. The agreement aims to accelerate the commercial and technical development of advanced nuclear projects in India, as interest grows in low-carbon and energy-secure power generation technologies. Under the pact, the companies will work together on project development, industry engagement, investor outreach and fundraising initiatives. The partnership is expected to leverage SK Securities' network across the nuclear, infrastructure and financial sectors in South Korea and international markets to support future projects in India. "The agreement creates a strategic relationship focused on accelerating project development, strengthening international industry engagement and facilitating access to capital markets and nucle

US nuclear industry to closely follow SHANTI Act implementation in India

American companies deepen talks with India on reactors, fuel tech, logistics, and project delivery

US nuclear delegation meets NTPC executives for opportunities in the sector

A US nuclear delegation held discussions with NTPC and NPUNL officials on technology partnerships and opportunities in India's civil nuclear sector

NTPC backs domestic nuclear tech, warns against supply chain dependence

Most of India's existing fleet uses locally designed reactors, while the 2-gigawatt Kudankulam plant in the country's south that's powered by Russian reactors, is the only one using foreign technology

India's 100 GW nuclear energy target requires ₹25 trn investment: TERI

TERI said India will need sustained annual nuclear capacity additions and policy support for SMRs to achieve its 100 GW nuclear energy target by 2047

NTPC chief cautions against dependence on single supplier for nuclear tech

The country must remain watchful of becoming over-dependent on any single supplier or country for nuclear technology as it moves ahead with the ambitious 100 GW nuclear power plan, an industry executive has cautioned. Gurdeep Singh, the Chairman of India's largest power generation company NTPC, has asserted that the country should prioritise control over technology and resources, even if domestic options are 5-10 per cent costlier at the initial stage, to avoid the supply chain vulnerabilities currently seen globally. Singh, at a workshop organised by Central Electricity Authority on India's nuclear power roadmap, urged stakeholders to move beyond legislative intent and focus on the immediate formulation of rules and guidelines, arguing that clarity in implementation is the only way to convert policy into actual investment, accoding to the minutes of the workshop released by the CEA at the weekend. The workshop on "Shanti Act, 2025: Enabling India's 100 GW Nuclear Power Roadmap ...

Tata Power Q4 profit up 8% at ₹1,416 crore; nuclear talks advance

Tata Power reported higher quarterly profit despite lower revenue due to the Mundra plant shutdown and said discussions on nuclear projects are at an advanced stage

BHEL hits 14-year high, gains for 12th straight day; up 33% from OFS price

With healthy revenue growth, a strong order book, and a sustained execution pipeline, BHEL enters FY2026-27 with solid momentum.

India's nuclear reactor milestone at Kalpakkam proves doubters wrong

Doubters proven wrong as a locally built nuclear reactor reaches criticality, marking a major milestone with a self-sustaining chain reaction and underscoring India's growing nuclear capability

Iran war fuels nuclear push across Asia, Africa amid energy shock

The Iran war's global energy shock is causing some nations in Africa and Asia to boost nuclear power generation and spurring atomic energy plans in non-nuclear countries on both continents. Asia, where most of the Middle Eastern oil and natural gas was headed, was hit first and hardest by disruptions to shipping routes carrying those fuels - swiftly followed by Africa. The US and Europe are also feeling the pinch as the conflict drives up energy costs. African and Asian nations with nuclear plants are increasing their output as they scramble for short-term energy supplies, while non-nuclear countries are accelerating long-term nuclear plans to safeguard against future fossil fuel shocks. Nuclear power isn't a quick fix for the current energy crisis. Developing atomic energy can take decades, especially for nuclear newcomers. But long-term commitments to nuclear power made now will likely lock it in to countries' future energy mixes, said Joshua Kurlantzick of the Council on Foreign

Kalpakkam breakthrough must survive the tough test of time and safety

Few countries have built fast breeder reactors, and many later shut them due to the immense challenges of operating them safely

Smart pumps power nuclear energy growth in India's clean energy shift

Smart pumps power India's nuclear leap as Kalpakkam Fast Breeder Reactor achieves criticality, marking a milestone in clean energy ambitions

India achieves nuclear milestone as 500 MW PFBR attains criticality

Prototype Fast Breeder Reactor milestone strengthens India's nuclear programme, enhances fuel efficiency and advances long-term plans for thorium-based clean energy generation

India's fast breeder reactor attains criticality: Here's why it matters

India's Prototype Fast Breeder Reactor at Kalpakkam has attained criticality, moving closer to full power generation and advancing the second stage of the country's long-term nuclear energy strategy

Barc developing 220 Mw Bharat Small Modular Reactors at ₹5,960 crore

BARC is developing 220 MW Bharat Small Modular Reactors and two SMR-55 units under the Nuclear Energy Mission announced in the Union Budget 2025-26

Why India's $2.6 bn uranium pact with Canada matters for clean energy push

India and Canada sign a $2.6 billion uranium deal to secure fuel for India's nuclear plants, boost clean energy plans and fast-track a wider trade pact between the two countries

Finding funds for India's nuclear plans and long-term financing hurdles

India's push for 100 GW nuclear capacity by 2047 will need over $200 billion, demanding long-tenor financing, sovereign support and a dedicated nuclear finance entity

Trump's Iran ultimatum sets up potential attacks following IAEA meeting

The prospect of a war between the US and Iran has triggered a rise in oil prices, with Brent trading above $71 a barrel - near six-month highs - and on course for a 5% gain across the week

Union Budget 2026: Zero customs duty for nuclear power imports till 2035

The Union Budget presented by Nirmala Sitharaman removes a key cost barrier for nuclear projects as India prepares for a major capacity expansion and opens the sector to private participation