India Opens Nuclear Power to Private Sector: Economic Survey 2026 Reveals Major Energy Reform
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News18•29-01-2026, 16:46
India Opens Nuclear Power to Private Sector: Economic Survey 2026 Reveals Major Energy Reform
- •India's Economic Survey 2026 announces opening the nuclear power generation sector to private companies, previously government-controlled.
- •The decision aims to strengthen energy security, accelerate long-term development, and attract foreign investment, including in the insurance sector.
- •Private sector entry is expected to boost investments, introduce new technologies, and improve project management, accelerating nuclear plant construction.
- •Government emphasizes robust regulatory framework for safety, radiation control, and waste management, ensuring strict adherence by private firms.
- •This reform is part of broader structural changes, aiming to reduce carbon emissions, decrease coal reliance, and potentially lower long-term electricity costs.
Why It Matters: India's nuclear power sector opens to private investment, promising energy security, economic growth, and reduced emissions.
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