Meet 3 specialist companies behind India's Rs 20-lakh- crore nuclear power push
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓India plans to raise nuclear power capacity to 100 GW by 2047, requiring up to ₹20 lakh crore in investment.
- ✓Three specialist firms are supporting this massive push.
- ✓MTAR Technologies, a key player, collaborates with NPCIL and currently holds an ₹820 crore nuclear order book as of Q2 FY27.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Financial Express
- Reading Speed
- 9 Minute(s)
- Market Focus
- India Economy
India wants to increase its nuclear power capacity from the current 9 GW to 100 GW by 2047. Achieving this target will not be easy. At an estimated construction cost of ₹18 crore to ₹22 crore per MW, this translates into a total investment of ₹16.4 lakh crore to ₹20 lakh crore over the next two decades. This implies an annual investment of approximately ₹82,000 crore (at ₹18 crore per MW) to ₹1 lakh crore.
For the companies supplying the components, piping systems and construction expertise, this expansion could translate into a long-term order opportunity. The opportunity, therefore, is not simply about how much India plans to spend on nuclear power. It is about which companies are already part of the nuclear power supply chain.
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