India Opens Nuclear Power to Private Sector: 24/7 Electricity, Cheaper Power Ahead
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News18•29-01-2026, 15:56
India Opens Nuclear Power to Private Sector: 24/7 Electricity, Cheaper Power Ahead
- •India's Economic Survey 2026 reveals a historic decision to open nuclear power generation to the private sector and allow 100% foreign investment in insurance.
- •This move aims to ensure continuous, affordable electricity for India's growing economy, supporting industry, startups, and the digital sector.
- •Private sector entry is expected to accelerate capital investment, bring new technology, and improve project management for faster nuclear plant construction.
- •The government must establish a robust regulatory framework to ensure nuclear safety, radiation control, and waste management with private involvement.
- •This policy shift is anticipated to help India meet carbon emission reduction targets, reduce coal dependence, and potentially lead to cheaper electricity in the long run.
Why It Matters: India's nuclear sector privatization aims for continuous, affordable, and clean energy, driving economic growth and climate goals.
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