Jitendra Singh: Zero Customs Duty to Revolutionize Nuclear Energy Economics

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Zero Customs Duty to Transform Nuclear Energy Economics: Jitendra Singh

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News18•18-03-2026, 20:00

Zero Customs Duty to Transform Nuclear Energy Economics: Jitendra Singh

•Union Minister Jitendra Singh announced customs duty exemption on imported nuclear fuels and reactor components until 2035.
•This exemption aims to reduce project costs and electricity generation costs, enhancing the economic viability of nuclear power projects.
•The move is expected to accelerate nuclear energy development, especially for projects with significant import content and foreign cooperation.
•NPCIL is strengthening the domestic supply chain for 10 new 700 MW PHWR units.
•Initiatives include bulk orders, expanding vendor base, promoting indigenous equipment, and supporting MSMEs.

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