Investment and finance

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Regulation and policyInvestment and finance

Negotiations over the Belgian state's acquisition of the country's full nuclear fleet have been pushed back a further month, with valuation differences cited as the principal sticking point.

New buildInvestment and finance

India's largest power generator has outlined an approximately 30 GW nuclear capacity goal within a broader 250 GW expansion plan, with site feasibility work already completed in three states.

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Contracts and procurementNew build

Ankara and Seoul have formalised two memoranda of understanding covering nuclear power plant financing and broader energy cooperation, with the Sinop project and a dedicated TÜNAŞ–KEXIM working group among the concrete outcomes.

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Investment and financeNuclear fuel cycle

The US Department of Energy's Advanced Research Projects Agency-Energy has selected eight recipients under its HORNIG programme, committing funds to develop transuranic-bearing fuels for advanced and Gen IV reactors with the aim of shortening qualification timelines and strengthening domestic fuel supply chains.

Small modular reactorsNew build

Elementl Power has entered a letter of intent and term sheet with a South Korean-led consortium to establish a development partnership of up to $750 million, targeting pre-construction activities across up to three advanced reactor projects, including a 1.5 GW BWRX-300 SMR site in Ohio.

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Supply chainInvestment and finance

Centrus has dispatched the first centrifuge manufactured at its Oak Ridge facility to its Piketon, Ohio enrichment plant, marking a concrete step in a multi-year programme to establish commercial-scale HALEU production capacity in the United States.

Small modular reactorsNew build
Power Line Magazine · External news (opens in a new tab)

Thailand’s Electricity Generating Authority (EGAT) is advancing feasibility studies for the country’s first 300 MW small modular reactor (SMR), targeted for commissioning by 2037, with estimated investment of THB 60–70 billion. The proposed pilot project aligns with the draft Power Development Plan and reflects growing interest in nuclear power amid...

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Regulation and policyInvestment and finance

The US Department of Energy has extended a conditional loan commitment to Constellation under its new UPRISE initiative, potentially financing up to 80% of eligible uprate costs at nine facilities totalling nearly 1.1 GWe of additional capacity.

Regulation and policyInvestment and finance

Eleven Power has been granted a 25-year parallel electricity distribution license by the Haryana Electricity Regulatory Commission (HERC) for the Gurugram and Nuh revenue districts. The company plans a capital investment of ₹4,717 crore over five years, with electricity supply projected to begin in FY28.

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Small modular reactorsNew build

Amazon, American Electric Power (AEP), and X-energy are collaborating on a project to develop a 12-unit small modular reactor (SMR) plant in Sullivan County, Indiana. The project, if it proceeds, would utilize X-energy's Xe-100 SMRs and aims to provide nearly a gigawatt of carbon-free power.

Regulation and policyInvestment and finance

India's upcoming National Strategy for Sustainable Secondary Steel (NSSS) aims to support decarbonization measures in the secondary steel sector, addressing financial and technological barriers for micro, small, and medium enterprises (MSMEs). The strategy will focus on renewable energy integration, material efficiency, and alternative fuels.

New buildRegulation and policy

NTPC plans to expand its non-fossil fuel energy capacity by initiating feasibility studies for nuclear power projects in additional states, including Uttar Pradesh. The company aims to establish 30 GW of nuclear capacity by 2047, contributing to India's national target of 100 GW.