India Wants More Nuclear
Installed nuclear power capacity to increase by 200% by 2031
India's nuclear sector has just undergone its most consequential transformation in six decades. The passage of the SHANTI Act in December 2025 dismantled the state monopoly, capped operator liability in line with global standards, and opened the door to private and foreign equity of up to 49% in nuclear projects. For the first time, international stakeholders can engage India's nuclear market on commercially viable terms.
The destination is clear: 100 GW of nuclear capacity by 2047, tripling installed capacity to 22,480 MW by 2031–32 as the immediate milestone. The total investment required exceeds USD 214 billion — and the architecture to deploy it is now in place.
India offers business opportunities across the entire nuclear plant lifecycle
As India's economy accelerates toward its $35 trillion vision, energy demand is surging — and nuclear has moved to the top of the national agenda as the only viable zero-carbon baseload alternative to coal. The numbers tell the story: 8.78 GW of installed capacity today, over 13.6 GW in construction and pre-project stages, and a 100 GW target by 2047 that demands sustained investment on a scale India has never before attempted.
The SHANTI Act has fundamentally rewritten the rules of engagement. Private Indian conglomerates — including industrial giants in steel, aluminium, and data centres — are now authorised to fund, build, and operate nuclear assets as a new "User" category. The $26 billion Bharat Small Reactor (BSR) programme, backed by an initial government outlay of $2.4 billion, is creating a plug-and-play market for international component manufacturers, digital system integrators, and advanced technology providers.
Beyond SMRs, strategic openings span the full value chain: precision manufacturing of reactor internals, specialised sensors, advanced cooling systems, hydrogen co-generation, nuclear fuel supply, and lifecycle services. The Union Budget 2026–27 has further removed customs duties on critical nuclear imports until 2035, directly lowering the cost of market entry for international suppliers.
India is not just the world's fastest-growing major economy — it is now the world's most consequential newly opened nuclear market. For international firms, the question is no longer whether to engage, but how quickly.
India NBP 2026
16-17 June 2026
Mumbai, India
Hosted by Nuclear Business Platform Event Partners: Tata, Adani
Now in its 7th edition, the India Nuclear Business Platform (INBP 2026) takes place on 16–17 June 2026 in Mumbai — the first major international nuclear gathering since the SHANTI Act became law. Supported by Industry Partners Adani Group and Technical Partners Tata Power, INBP 2026 moves past policy debate to focus on commercial execution: how international vendors, investors, and EPC firms can access India's newly liberalised nuclear market and forge the partnerships that will define the next decade of Indian nuclear development.
India Nuclear Industry Report
The most consequential year in India's nuclear history demands a new reference document. The 2026 edition of this 87-page report covers the transformed post-SHANTI Act landscape in full — written for international companies that need to act now, not monitor from a distance.
Key topics covered in this report include:
The SHANTI Act, 2025: what changed, what it means commercially, and what remains unresolved
PFBR first criticality (6 April 2026): India enters Stage 2 of its three-stage programme
India's 100 GW nuclear target: the pipeline, the investment, the timeline
The BSR programme: six industrial giants, 16 sites, and the entry point for international suppliers
The nuclear delivery ecosystem: NTPC, EIL, JVs, and the new project vehicles
Fuel, regulation, and safety readiness for the next phase
International partnerships: Westinghouse, EDF, Rosatom and what the SHANTI Act unlocks
Financing, liability, and insurance — the hidden constraint on scale-up
India's advanced nuclear pathway: fast breeders, thorium, and next-generation reactors
Fill in the form below to receive a sample copy of the report.
Market Insights
India runs 3 parallel SMR tracks: BSMR-200 for industrial decarbonisation, SMR-55 for remote grids, and a hydrogen HTGR — each a distinct commercial opportunity. With SHANTI Act reforms, $2.5B committed, Adani eyeing 1.6 GW, and INBP 2026 in June, the market is open but differentiated. Know which track you're targeting.
India's private nuclear sector just made its first concrete move. And it didn't come with a press conference. 𝗔𝗱𝗮𝗻𝗶 𝗣𝗼𝘄𝗲𝗿 has quietly incorporated two nuclear entities. Our latest NBP Insights article decodes the corporate architecture behind Adani's move, maps who follows and how, and explains why the next 18 months are the most important window for international engagement in India's private nuclear market.
India has a 100 GWe nuclear target by 2047. It has the SHANTI Act opening the sector to private capital. It has Rs 20,000 crore committed to SMR deployment by 2033. The political intent is the clearest it has been in a generation. But achieving 100 GWe requires an estimated 18,000 to 20,000 tonnes of uranium annually — roughly one-third of current global production. India's domestic reserves cannot supply that.
The enactment of the SHANTI Act of 2025 marks a historic shift in India’s energy landscape, dismantling state monopolies to invite private capital and international expertise. By permitting 49% Foreign Direct Investment and reforming liability frameworks, India has transformed its 100 GW nuclear target into a bankable investment proposition.
India is rapidly transitioning from an outsourcing hub to a core global AI market, with hyperscalers like Microsoft, Google, and Amazon committing over $67 billion to domestic data centers. As capacity triples to 4.5 GW by 2030, the demand for stable, high-density baseload power is positioning nuclear energy as a critical capital hedge.
India’s Union Budget 2026–27 has quietly signaled a major strategic shift by removing customs duties on critical nuclear imports until 2035. Combined with the SHANTI Act’s liability reforms, New Delhi is pivoting away from state-funded construction toward a market-driven model designed to attract private capital and global technology.
The "India Nuclear Paradox"—the gap between massive industrial demand and marginal nuclear supply—is officially over. With the landmark SHANTI Act, India has dismantled its 60-year state monopoly, de-risked its liability framework, and invited private equity into a 100 GW growth trajectory. Seeking over $214 bn in investment by 2047, the nation is now a premier infrastructure asset class.
India’s nuclear sector is officially open for global business! With the passing of the SHANTI Act 2025, the transition from a state-run monopoly to a regulated market is complete. By aligning liability laws with international standards and enabling private equity, 🇮🇳 India has created a transparent, $214 billion architecture for vendors and investors.
India's nuclear sector is transitioning to a global hub, targeting 100 GW by 2047! This massive growth, supported by the Nuclear Energy Mission, is fueled by world-class indigenous manufacturing and co-development partnerships. Understand this strategic shift and the multi-billion dollar opportunities in India's nuclear supply chain.
India's nuclear sector stands out as a stable investment amid global volatility! With cross-party consensus and policy reforms, India has created a de-risked environment to achieve its 100 GW target by 2047. This blend of political stability and investor-friendly frameworks offers a unique opportunity for long-term capital. India is a preeminent destination for nuclear investment, read the full article.
Robotics is fueling India's nuclear renaissance! As India targets 100 GW by 2047, robotics emerges as a critical enabler for safety, efficiency, and decommissioning. This presents a multi-billion dollar opportunity for technology firms. Understand how robotics will shape India’s nuclear future.
India is solidifying its position as a global leader in nuclear energy! With a 100 GW target by 2047, the country is leveraging indigenous technology, a strong workforce, and a stable political environment to attract international partners. This is a generational opportunity to invest in one of the world's most ambitious clean energy transformations.
India is embracing Additive Manufacturing (AM) to revolutionize its nuclear sector! 3D printing offers a game-changing approach to modernize infrastructure, cut costs, and accelerate the 100 GW by 2047 goal. A huge opportunity for private and international firms to enter India's high-tech nuclear supply chain!
India is strategically shifting from a nuclear consumer to a global supplier! With Britain removing import duties on Indian reactors, the country is set to export its cost-effective, indigenous PHWRs and SMRs. To understand how India's nuclear ambition is reshaping the global market, read the full article.
India's 100 GW nuclear goal by 2047 demands a workforce that is four times the current output. To bridge this critical human capital gap, India is pioneering a decentralized, tech-driven, and collaborative approach. Discover the strategic blueprint for this critical human capital transformation.
India's nuclear sector is open for business! With a 100 GW target by 2047, new reforms invite private players to invest in this transformative market. Success hinges on strategic planning, regulatory compliance, and a deep understanding of India's nuclear ecosystem.
On August 7, 2025, India’s Union Minister Dr. Jitendra Singh outlined the Nuclear Energy Mission for Viksit Bharat in the Lok Sabha, targeting 100 GW of nuclear power by 2047 to support net-zero emissions by 2070. The plan focuses on low-carbon energy, replacing fossil fuel base loads with large and small reactors, including indigenous Small Modular Reactors (SMRs) like the 200 MWe and 55 MWe designs, developed with private sector collaboration.
India's nuclear sector is booming with a "triple-market" strategy! Targeting 100 GW by 2047, India is advancing large-scale EPC projects, developing SMRs, and fueling cutting-edge R&D. This structured approach creates a self-sustaining, globally competitive ecosystem.
India's digital boom needs massive, clean power! With the AI market set to triple, India is turning to nuclear energy, particularly SMRs and BSRs, to provide the 24/7 power that data centers demand.
India is pioneering a Coal-to-Nuclear (C2N) strategy to hit 100 GW by 2047! This innovative approach repurposes retiring coal plants for nuclear facilities, leveraging existing infrastructure and SMRs for a cleaner, faster energy transition. Discover huge business opportunities!
India's 100 GW nuclear goal by 2047 hinges on a robust fuel supply chain! This creates multi-billion dollar opportunities in mining, processing, fabrication, and waste management for private & international businesses.
India's nuclear sector is opening its doors! Aiming for 100 GW by 2047, India invites global companies to partner in its transformative energy journey. Explore diverse entry strategies, from G2G agreements to SMR licensing and supply chain integration, within this rapidly expanding market.
Building public trust is key to 🇮🇳 India's nuclear success! With ambitious plans for 100 GW by 2047, India is actively strengthening public engagement and transparency. This proactive approach fosters strong community support, ensuring smooth implementation and a brighter energy future.
India is strategically closing its 76 GW nuclear capacity gap to reach 100 GW by 2047! This ambitious goal is driven by a powerful three-pronged approach: private sector surge, NTPC's expanded role, and intensified international collaboration.
India is set to revolutionize nuclear energy with its vast thorium reserves! Targeting 100 GW by 2047, India's three-stage program and advanced fuel blends promise long-term energy security, reduced waste, and export potential.
India's 100 GW nuclear target by 2047 demands a massive workforce! While a strong foundation exists, scaling up human capital for SMRs and advanced reactors is crucial. Explore how is addressing this challenge to power its clean energy future.
India's nuclear energy is crucial for its transformative growth! Powering industries, meeting rising population demands, ensuring energy security, fostering global partnerships, and enabling sustainable urbanization are key. Learn how India is achieving this.
India urges states to go nuclear! Power Minister Khattar calls for states to explore nuclear plants, aiming to hit 100 GW by 2047. State participation can accelerate growth & unlock investment in this clean energy sector.
India is strategically multi-aligning to achieve its 100 GW nuclear goal by 2047! Policy reforms, private sector entry, and growing global partnerships with Russia, France, USA, and others are unlocking a $100B+ market. Explore collaboration opportunities.
India is strategically pivoting to nuclear power, particularly BSRs & SMRs, to decarbonize energy-intensive industries! This shift offers reliable, clean baseload power crucial for industrial growth and net-zero targets. Explore the business opportunities in India's evolving nuclear landscape.
Video Interviews
With the global resurgence of nuclear, its popularity is increasing day-by-day across different geographies. It is also opening up the doors for entrepreneurial ventures and startup opportunities for budding entrepreneurs. In this line, Indian youth have taken a major initiative to develop the first microreactor of India and support the country in meeting its clean energy transition objectives.
With the global resurgence of nuclear, its popularity is increasing day-by-day across different geographies. It is also opening up the doors for entrepreneurial ventures and startup opportunities for budding entrepreneurs. In this line, Indian youth have taken a major initiative to develop the first microreactor of India and support the country in meeting its clean energy transition objectives. This innovative 10 MWe reactor is known as Suk-M (Sookshma) and is based on molten salt technology with refueling cycle of more than 15 years and utilizing Thorium as fuel. The prototype is targeted to be ready by 2031.
India looks for major nuclear scale-up to enable its clean energy transition that calls for major collaboration and deeper interactions with international nuclear suppliers and private players. However, suppliers liability has been a contentious issue. Are there any practical ways to deal with the issue in short and long term and keep the business engagements going?
India looks for major nuclear scale-up to enable its clean energy transition that calls for major collaboration and deeper interactions with international nuclear suppliers and private players. However, suppliers liability has been a contentious issue. Are there any practical ways to deal with the issue in short and long term and keep the business engagements going?
NBP spoke with with the Founder and CEO of CAELUS on how their solution will transform the nuclear licensing landscape in Africa. CAELUS is the first and only software company that aims to ensure a reduction in time and costs related to the licensing of new nuclear technologies.
IEEE Standards Association is playing an unique role in advancing the global nuclear industry through collaborations and certifications. Zaf Coelho had a chat with Patrick Murray on the state of IEEE Nuclear Standards and Certification Programs and how they can help both established and up and coming nuclear regulators, utilities, design integrators, laboratories, and manufacturers.
IEEE Standards Association is playing an unique role in advancing the global nuclear industry through collaborations and certifications. Zaf Coelho had a chat with Patrick Murray on the state of IEEE Nuclear Standards and Certification Programs and how they can help both established and up and coming nuclear regulators, utilities, design integrators, laboratories, and manufacturers.