India to Open Nuclear Sector to Private Investment for 100 GW Capacity by 2047
India is easing long-standing restrictions in its nuclear sector to accelerate capacity growth and address funding gaps. Proposed legal changes would allow private companies to participate in a sector traditionally controlled by the state.
The amendments aim to support the construction of 100 gigawatts of nuclear capacity by 2047, requiring an estimated investment of $213 billion. Currently, India operates 25 nuclear reactors with a total capacity of 8.8 gigawatts, all managed by the state-owned Nuclear Power Corporation of India Ltd.
The push for reform aligns with global trends as countries reassess nuclear energy's role amid rising electricity demand and decarbonization goals. While the opposition Congress party is expected to support the changes, concerns from civil society groups regarding land acquisition and radioactive waste exposure persist.
