Naveen Jindal Group explores sites and partners for proposed 18 GW nuclear projects

The Group is also in discussions with state-owned Nuclear Power Corporation of India (NPCIL).

Naveen Jindal Group has initiated discussions with global nuclear technology providers including France-based EDF and Westinghouse of the US for its proposed nuclear power projects in India, a person in the know said. The Group is also in discussions with state-owned Nuclear Power Corporation of India (NPCIL) to explore possibilities of sourcing technology for future nuclear projects with large module reactors (LMRs) of 700 MW and above. The steel-to-ports conglomerate plans to develop around 18 GW of nuclear power capacity across multiple states with an estimated investment of Rs 2 lakh crore, contributing to the government's target of achieving 100 GW of nuclear power capacity by 2047. While evaluating sites across more than nine states, the Group has simultaneously initiated discussions with leading global nuclear technology providers. These include France's EDF, US-based Westinghouse and several other international technology companies, alongside NPCIL, to evaluate advanced ...

Naveen Jindal Group is exploring multiple locations in at least nine states, including Gujarat and Odisha, to set up high-capacity nuclear projects. The conglomerate is also in discussions with various players to explore possibilities of entering into partnerships for nuclear power technologies. As part of its energy diversification strategy, the group is looking to set up 18 GW nuclear plants with lakhs of crores of investments and contribute to the government's ambitious 100 GW nuclear capacity target by 2047. The group, engaged in steel, mining, power, renewables, and real estate sectors, has planned a foray into the nuclear space with Jindal Nuclear Power Private Limited, a 100 per cent subsidiary of Jindal Renewables. "Discussions are on, and we are actively engaged with multiple state governments," a group official familiar with the development said. The official, who did not wish to be identified, said the group is exploring locations in more than nine states. When asked a

As part of its energy diversification strategy, the group is looking to set up 18 GW nuclear plants.

The sites are being evaluated on parameters, including land availability, water resources, geological and seismic suitability, transmission connectivity, regulatory readiness and long-term project viability

The official said the group is exploring mostly coastal states such as Gujarat, Odisha, Andhra Pradesh, Tamil Nadu, as well as Jharkhand and Chhattisgarh