March 18, 2026 4:54 PM

Zero customs duty to boost nuclear energy, cut power costs: Jitendra Singh

Union Minister Dr. Jitendra Singh on Wednesday said that the government’s decision to allow zero customs duty on imports for nuclear power projects will accelerate capacity addition and reduce electricity costs in the country. In a written reply in the Lok Sabha, the minister stated that duty-free imports of nuclear fuels and reactor components until 2035 will help lower project costs, making nuclear energy projects more economically viable, especially those involving foreign collaboration. ...

February 4, 2025 11:52 AM

India accelerates nuclear power expansion in Union Budget 2025-26

The Union Budget 2025-26 lays out a major push for nuclear energy as part of India's long-term strategy to ensure energy security and transition to cleaner power sources. With an ambitious target of achieving 100 GW of nuclear power capacity by 2047, the government is positioning nuclear energy as a cornerstone of its energy mix. This initiative aligns with the broader objectives of Viksit Bharat, aiming to reduce dependence on fossil fuels while ensuring a stable and reliable power supply. Rec...