India’s budget introduces changes in legislation to boost private participation in nuclear energy, aiming to add 100GW capacity by 2047. The move includes supporting research and development of small modular reactors with a `20,000 crore fund, signaling a significant shift towards nuclear power for sustainable base load energy.
Month: February 2025
Power sector PSUs' investments to rise nearly 21 pc to Rs 86,138 cr in FY26
The government plans to boost investment by nine state-owned power firms by nearly 21% to Rs 86,138.48 crore for 2025-26. Key investments include NTPC, which will rise to Rs 26,000 crore, and Power Grid Corp, increasing to Rs 25,000 crore. The Ministry of Power’s budget is also set to increase.