A great discussion on the future of financing India’s nuclear ecosystem.

Thank you to everyone who joined our latest NucFinder webinar, and especially to our speakers: Kapil Bansal, Partner at EY-Parthenon India and Hiten Sutar, Partner at EY India.

We discussed how the emerging regulatory landscape and SHANTI Guidelines may influence financing, market entry, project bankability, foreign investment and participation across India’s nuclear ecosystem.

Many thanks to Kapil and Hiten for sharing their perspective and experience, and to everyone who joined the discussion.

We’ll be announcing our next NucFinder webinar soon.

Stay tuned.
https://lnkd.in/e9qPHJf5

Oriana Power Allocates Rs 1.18 Billion for Subsidiary Investments

Oriana Power Limited has announced an investment of up to Rs 1.18 billion in three of its subsidiary companies. The capital injection is intended to support engineering, procurement, and construction (EPC) activities, alongside the development of solar power projects.

A significant portion of this investment, up to Rs 650 million, is allocated to Oriana Usolar Joint Venture Private Limited. This funding will specifically target the enhancement of its EPC services. Additionally, Dynospark Private Limited is set to receive up to Rs 500 million, and Voltonomy Energy Private Limited will receive Rs 30 million. Both of these investments are earmarked for the development of solar power plants.

The company plans to disburse these investments in one or more tranches. The full allocation is scheduled to be completed within 60 days from September 14, 2026.

NTPC Increases Nuclear Capacity Target to 50 GW by 2047

NTPC, a state-run power major, has announced an increase in its targeted nuclear capacity addition to about 50 GW by 2047. This represents an upward revision from the 30 GW target previously stated in its annual report. The new target accounts for half of India’s national goal to build 100 GW of nuclear power capacity by 2047.

Nuclear power is becoming a critical long-term growth opportunity for NTPC, aligning with national policy priorities for energy security. Future nuclear projects are anticipated to operate under regulated cost-plus economics. The pace of development will depend on state utilities formalizing long-term demand.

Currently, work is in progress on the 2,800 MW Mahi Banswara Atomic Power Project in Rajasthan. This project, estimated at ₹42,000 crore, is being executed through ASHVINI, a joint venture. Nuclear Power Corporation of India holds a 51% stake in ASHVINI, with NTPC owning the remaining 49%.