India Unlocks Nuclear Power Boom: Cabinet Greenlights Private Sector Entry

The Cabinet's approval marks a historic shift in India's nuclear policy, allowing private players to set up reactors and contribute to the 100 GW target by 2047. Previously restricted to public sector entities, the sector now opens for private investment in construction and technology partnerships.

Key Highlights

Private Entry: Firms can build and operate nuclear plants under strict regulation.

Investment Boost: Expected to draw ₹2-3 lakh crore in private capital for energy security.

Capacity Goal: Supports 22.5 GW addition by 2032, tripling current output.

Safety Focus: Atomic Energy Regulatory Board retains oversight on operations.

Global Tie-ups: Enables JV models with international reactor vendors.

Source: Press Information Bureau (PIB), Ministry of Power announcements.