India To Invite Bids For 220 MW Small Modular Reactor

22 Apr 2026 CW Team

India is preparing to invite bids within the next three to six months for a 220 megawatt (MW) Bharat Small Modular Reactor, known as BSMR-200, signalling a major step in expanding nuclear capacity as part of the clean energy transition. The initiative aims to deploy scalable nuclear technology to strengthen long-term energy security and reduce reliance on fossil fuels. The reactor will be built to a standardised design to allow faster deployment and potential replication across multiple sites.

The BSMR-200 is being developed jointly by the Bhabha Atomic Research Centre and the Nuclear Power Corporation of India (NPCIL). The project carries an estimated cost of around Rs 59.6 billion (bn) and the approved benchmark stands at roughly Rs 300 million (mn) per megawatt (MW). Construction is expected to take between 60 and 72 months following final clearances. Foreign firms will be permitted to participate in bids but will need to partner with domestic companies to ensure local execution.

The move follows recent policy reforms that opened the nuclear sector to private and foreign investment and aligns with the government’s Nuclear Energy Mission. That programme has allocated Rs 200 bn towards small modular reactor development and seeks to support multiple units over the coming years. Officials characterised the initial plant as a pilot that will inform design standardisation, regulatory processes and supply chain development for subsequent rollouts across the grid.

Planners emphasised that integrating small modular reactors into the energy mix aims to provide reliable, low-carbon baseload power as electricity demand rises. The standardised approach is intended to shorten lead times and reduce unit costs through replication and local manufacturing partnerships. The bid invitation is expected to test market interest, technical readiness and project delivery models while signalling a long-term commitment to nuclear capacity expansion.

Real Estate

20 May 2026

WSB Invests in Omaxe for Tier II Expansion

WSB Partners, a real estate-focused investment firm, has invested Rs 750 million in Omaxe Group to support residential plotted developments in Ujjain and Indore.The investment marks WSB’s entry into Tier II markets and reflects growing institutional interest in emerging cities supported by infrastructure growth, improving affordability and rising housing demand.According to the companies, the funding will be deployed primarily as growth capital, with a portion allocated towards working capital and reserves. The investment has been undertaken alongside affiliates of WSB Partners and co-invest..

RAHSTA Awards 2026 Opens for India’s Leading Road Developers

RAHSTA (Roads and Highways Sustainable Technologies & Advancement), Asia’s leading road infrastructure platform, has officially opened nominations for the RAHSTA Awards 2026 under the Road Developers category. The awards will honour companies and organisations that are shaping India’s highway infrastructure landscape through innovation, sustainability, quality execution and efficient asset management.Scheduled alongside RAHSTA 2026 on July 8–9, 2026 at the Jio World Convention Centre, Mumbai, the awards have emerged as one of the most respected recognitions for the roads and highways..

Railways To Sell 10 per cent In PSUs To Raise Rs Two Point Six Two tn

The railway ministry has outlined a plan to sell up to 10 per cent stakes in several public sector undertakings as part of a broader asset monetisation drive. The move is designed to unlock value and generate funds for capital expenditure and network modernisation. The programme targets private participation through offer for sale and minority stake divestments across operating and finance entities. The initiative follows previous asset recycling efforts and seeks to capture market interest for strategic holdings. The target for the exercise is Rs two point six two trillion (tn) to be realised..