India to Open Nuclear Power to Private Investment in $214 Billion Push

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India is on the verge of opening its nuclear power sector to private investment, aiming to boost capacity tenfold by 2047 at an estimated cost of $214 billion, with a bill expected to be passed this week.

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70%

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India is close to opening its nuclear power sector to private investment as it seeks to boost installed nuclear capacity tenfold by 2047, which is estimated to cost $214 billion (19.28 trillion Indian rupees). The bill to open the nuclear energy sector to private investment is expected to be passed by the federal government this week, with debates in Parliament set to begin later this month, Jitendra Singh, India’s Science and Technology Minister who is also in change of atomic power, told Bloomberg News in an interview published…

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