Centre May Allow Private Firms to Run Nuclear Power Plants
POWER & RENEWABLE ENERGY

Centre May Allow Private Firms to Run Nuclear Power Plants

The Indian government is considering a policy shift to permit private companies to operate nuclear power plants, moving away from the current model where only public sector entities are allowed to do so.
Talks are ongoing to finalise a framework that would set strict eligibility criteria based on financial strength, technical capability, and experience in managing large-scale infrastructure projects. Proposed amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act are presently under legal review to enable such participation.
A senior official said, “The idea is to allow companies that are well-established with a track record in executing major infrastructure projects. The firm should be financially sound and a going concern.”
The criteria under consideration include consistent positive revenues over a defined period and proven expertise in large project delivery. The initiative aligns with India’s ‘Viksit Bharat 2047’ vision, which targets increasing nuclear power capacity from the current 8.8 GW to 100 GW by 2047, with an intermediate goal of 22 GW by 2032.
However, the liability law—which safeguards against nuclear accidents—remains a major concern for potential investors. At present, the Nuclear Power Corporation of India operates all 23 nuclear reactors in the country. 

The Indian government is considering a policy shift to permit private companies to operate nuclear power plants, moving away from the current model where only public sector entities are allowed to do so.Talks are ongoing to finalise a framework that would set strict eligibility criteria based on financial strength, technical capability, and experience in managing large-scale infrastructure projects. Proposed amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act are presently under legal review to enable such participation.A senior official said, “The idea is to allow companies that are well-established with a track record in executing major infrastructure projects. The firm should be financially sound and a going concern.”The criteria under consideration include consistent positive revenues over a defined period and proven expertise in large project delivery. The initiative aligns with India’s ‘Viksit Bharat 2047’ vision, which targets increasing nuclear power capacity from the current 8.8 GW to 100 GW by 2047, with an intermediate goal of 22 GW by 2032.However, the liability law—which safeguards against nuclear accidents—remains a major concern for potential investors. At present, the Nuclear Power Corporation of India operates all 23 nuclear reactors in the country. 

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement