India Nuclear Power Expansion

planned

India is accelerating efforts to expand its nuclear generation capacity to address chronic electricity shortages. The government plans to increase nuclear generation capacity from approximately 7 GW to 22.4 GW by 2031-2032, with proposals to construct 18 new reactors. Discussions are underway to liberalize the nuclear market through the SHANTI Act, easing regulations and increasing private and foreign ownership limits to about 70%. The United States and South Korea are potential partners in this expansion, with South Korea providing manufacturing and construction expertise.