Naveen Jindal Group In Talks For Nuclear Projects
ECONOMY & POLICY

Naveen Jindal Group In Talks For Nuclear Projects

Naveen Jindal Group has opened talks with global nuclear technology providers, including France-based EDF and US-based Westinghouse, over proposed nuclear projects in India. News agency PTI attributed the information to a person with knowledge of the matter and said the group has held parallel discussions with domestic and international suppliers. The engagement represents early-stage assessment rather than final commitments.

The conglomerate plans to develop around 18 gigawatt (GW) of nuclear capacity across multiple states with an estimated investment of Rs two trillion (tn), the source said, aligning the proposal with the government's 100 GW target by 2047. The capacity figure positions the group among private investors seeking roles in a sector opening to private capital. Details of project timelines have not been finalised.

Talks with the Nuclear Power Corporation of India were reported to explore sourcing technology for large module reactors of 700 megawatt (MW) and above while site evaluations proceed in more than nine states. Technologies under consideration include EDF's 1,650 MW European Pressurised Reactor design, Westinghouse's 1,150 MW AP1000 and NPCIL's 700 MW Pressurised Heavy Water Reactor. The final technology mix will follow assessments of safety, scalability and commercial viability.

Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, is evaluating sites in Gujarat, Odisha, Andhra Pradesh, Tamil Nadu, Jharkhand and Chhattisgarh among others. The projects are intended to deploy large module reactors and to integrate with the group's broader energy portfolio.

Tata Power and NTPC have also announced nuclear plans by 2047, with NTPC implementing projects through a joint venture with NPCIL in Rajasthan. Naveen Jindal Group's proposed capacity and vendor discussions mark a notable step in the private expansion of India's nuclear sector.

Naveen Jindal Group has opened talks with global nuclear technology providers, including France-based EDF and US-based Westinghouse, over proposed nuclear projects in India. News agency PTI attributed the information to a person with knowledge of the matter and said the group has held parallel discussions with domestic and international suppliers. The engagement represents early-stage assessment rather than final commitments. The conglomerate plans to develop around 18 gigawatt (GW) of nuclear capacity across multiple states with an estimated investment of Rs two trillion (tn), the source said, aligning the proposal with the government's 100 GW target by 2047. The capacity figure positions the group among private investors seeking roles in a sector opening to private capital. Details of project timelines have not been finalised. Talks with the Nuclear Power Corporation of India were reported to explore sourcing technology for large module reactors of 700 megawatt (MW) and above while site evaluations proceed in more than nine states. Technologies under consideration include EDF's 1,650 MW European Pressurised Reactor design, Westinghouse's 1,150 MW AP1000 and NPCIL's 700 MW Pressurised Heavy Water Reactor. The final technology mix will follow assessments of safety, scalability and commercial viability. Jindal Nuclear Power Private Limited, a wholly owned subsidiary of Jindal Renewables, is evaluating sites in Gujarat, Odisha, Andhra Pradesh, Tamil Nadu, Jharkhand and Chhattisgarh among others. The projects are intended to deploy large module reactors and to integrate with the group's broader energy portfolio. Tata Power and NTPC have also announced nuclear plans by 2047, with NTPC implementing projects through a joint venture with NPCIL in Rajasthan. Naveen Jindal Group's proposed capacity and vendor discussions mark a notable step in the private expansion of India's nuclear sector.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement