Tata Power Targets 2032 for India's First Private Nuclear Plant

🇮🇳 Oilprice.com (IN) —
Tata Power Targets 2032 for India's First Private Nuclear Plant

AI Summary

Tata Power plans to build India's first private nuclear power plant by 2032, starting construction as early as 2028. This development follows India's opening of its civil nuclear sector to private firms, aiming to expand clean energy capacity.

Tata Power, one of India’s biggest integrated power utilities, plans to build its first nuclear power plant by 2032 as the country opens the civil nuclear sector to private companies, CEO Praveer Sinha told Bloomberg Television in an interview on Tuesday. “What we can expect is that early part of 2028 we will start possibly the construction activity,” Sinha told Bloomberg. “We are targeting that 2032-2033, we will have the first of the nuclear plants ready in the private sector,” the executive added. Tata Power, which…

Markets Deals Energy Tata Power nuclear plant India private sector energy infrastructure clean energy

Read original source →