Can Budget 2025 Supercharge India’s Nuclear Energy Ambitions?

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As finance minister (FM) Nirmala Sitharaman stepped into the Parliament to deliver the Budget 2025-26 speech, little did anyone expect that she would come bearing gifts for India’s nuclear energy space. 

In her speech, the FM announced the establishment of a Nuclear Energy Mission with an outlay of INR 20,000 Cr. Under the Mission, the government will spearhead research and development (R&D) into at least five indigenously-developed small modular reactors (SMRs) by 2033. 

Small modular reactors are capable of generating up to 300 MWe…



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Can Budget 2025 Supercharge India’s Nuclear Energy Ambitions?


As finance minister (FM) Nirmala Sitharaman stepped into the Parliament to deliver the Budget 2025-26 speech, little did anyone expect that she would come bearing gifts for India’s nuclear energy space. 

In her speech, the FM announced the establishment of a Nuclear Energy Mission with an outlay of INR 20,000 Cr. Under the Mission, the government will spearhead research and development (R&D) into at least five indigenously-developed small modular reactors (SMRs) by 2033. 

Small modular reactors are capable of generating up to 300 MWe…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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