India, US Industry Leaders Explore Private Investment Opportunities in Nuclear Energy Sector
Discussions focus on SMRs, advanced nuclear technologies, clean energy cooperation and implementation of SHANTI Act
During the discussions, Jitendra Singh said India aims to increase its nuclear power generation capacity from the current 8.8 GW to 100 GW by 2047 as part of the country’s long-term clean energy strategy under the Viksit Bharat vision.
New Delhi: A high-level US industry delegation comprising representatives from the Nuclear Energy Institute (NEI) and the US-India Strategic Partnership Forum (USISPF) held discussions with Union Minister Jitendra Singh on expanding private investment and industry collaboration opportunities in India’s nuclear energy sector.
The interaction focused on India’s ambitious Nuclear Energy Mission, recent policy reforms enabling greater private sector participation, and the growing scope of India-US cooperation in clean energy and advanced technologies.
During the discussions, Jitendra Singh said India aims to increase its nuclear power generation capacity from the current 8.8 GW to 100 GW by 2047 as part of the country’s long-term clean energy strategy under the Viksit Bharat vision.
The minister highlighted that India has recently enacted the SHANTI Act, 2025, aimed at facilitating greater participation of the private sector, including foreign investment, in the nuclear energy sector. He said the reform is expected to create a stronger ecosystem for industrial collaboration, technology partnerships and advanced manufacturing.
The discussions also covered opportunities in Small Modular Reactors (SMRs), for which India has allocated nearly ₹20,000 crore, along with emerging areas such as micro-reactors, AI-enabled nuclear safety systems, scientific computing and advanced nuclear research.
Officials also reviewed progress in ongoing India-U.S. nuclear cooperation initiatives including the proposed Westinghouse AP1000 project at Kovvada, collaboration under the Indo-U.S. Civil Nuclear Energy Working Group, hydrogen production technologies, machine learning applications and rare earth cooperation.
The meeting additionally discussed the progress of the ₹2,600 crore LIGO-India project being jointly implemented with U.S.-based scientific institutions, which officials described as a major example of advanced India-U.S. scientific collaboration.
The interaction concluded with both sides reaffirming their commitment to strengthening practical and industry-led cooperation in clean energy, nuclear technologies, advanced manufacturing and innovation-driven sectors.
