Russia’s state nuclear group Rosatom is engaging in confidential discussions with Indian private companies to help India meet its ambitious goal of reaching 100 gigawatts of nuclear capacity by 2047, signalling a new shift in sector openness and private participation.
Russia’s state nuclear group Rosatom says it is holding confidential discussions with Indian private companies about building power plants in India, as New Delhi pushes to expand atomic generation sharply over the next two decades. Aleksey Likhachev said the talks involve firms with strengths in metallurgy, construction and digital technology that could be useful in large-scale reactor projects.
India has set a target of reaching 100 gigawatts of nuclear capacity by 2047, up from about 8.87 GW now, a goal that would require a far faster build-out of reactors than the country has managed so far. In remarks reported by RT on the sidelines of the BRICS summit in New Delhi, Likhachev described the opening up of the sector to private participation as a significant shift.
Business Standard reported that Rosatom is offering a range of options to Indian partners, including large reactors and small modular reactors, or SMRs, which are compact units designed to be built more quickly and with lower upfront costs than conventional plants. The company said it remains the only foreign group actually building a nuclear plant in India, with two units already operating at Kudankulam in Tamil Nadu and four more under construction.
India’s new SHANTI framework, which has been presented by officials as a way to widen private participation while preserving state control over the atomic sector, is central to that effort. Reuters-style reporting from Indian publications has said the legislation is intended to streamline rules and make it easier for private and joint-venture investment to flow into nuclear projects, while Rosatom has said Indian companies could be involved either through a build-own-operate model or by taking on project management and operations.
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