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Home News Power & Energy ₹7.5 Lakh Crore Private Nuclear Investment Projected by 2047, AEC Chief Says
₹7.5 Lakh Crore Private Nuclear Investment Projected by 2047, AEC Chief Says
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₹7.5 Lakh Crore Private Nuclear Investment Projected by 2047, AEC Chief Says

Projects India Research Desk 12 October 2026 5 min read 932 words 34 views
India's Atomic Energy Commission chief has projected ₹7.5 lakh crore in private investment and 30 GW of nuclear capacity by 2047. Projects India currently tracks 59 live nuclear power projects across six states.

AEC Chief Projects ₹7.5 Lakh Crore Private Nuclear Investment by 2047

The chairman of India's Atomic Energy Commission, Mohanty, has projected private investment of ₹7.5 lakh crore in the nuclear power sector and a contribution of 30 GW of nuclear capacity by 2047, as reported by The Hindu on 11 October 2026. The projection signals a significant anticipated expansion of private participation in a sector that has historically been dominated by state-owned entities.

No further breakdown of how that investment figure is constituted, or which technologies it encompasses, was available in the report.

Current Project Pipeline: 59 Tracked Projects Across Six States

Projects India tracks 59 live nuclear based power projects in India, spread across six states. The geographic distribution reflects both established nuclear zones and newer sites under consideration:

Andhra Pradesh accounts for the largest concentration of tracked nuclear projects, followed jointly by Gujarat, Tamil Nadu and Maharashtra.

Stage Breakdown: Where Projects Stand in the Pipeline

Of the 59 tracked projects, the stage breakdown shows a substantial volume of work still in pre-construction phases:

With 24 projects under approvals and a further 11 at early or announced stage, a large portion of the pipeline represents future tendering and procurement opportunities, contingent on regulatory clearances progressing. The 16 projects already in construction represent near-term and active demand for equipment, civil works and specialist services.

Selected Projects Currently Being Tracked

ProjectPromoterLocationValue (Rs crore)Stage
Nuclear Based Power Unit 1, GorakhpurNuclear Power Corporation of India LimitedFatehabad, Haryana23,502Construction Started
Nuclear Fuel Project, OrvakalNuclear Fuel ComplexKurnool, Andhra Pradesh4,000Planning
Nuclear Based Power, KalpakkamGovernment of India, Dept. of Atomic EnergyKancheepuram, Tamil Nadu9,589Construction Started
Mithivirdi NPP Phase I – Unit INuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Mithivirdi NPP Phase I – Unit IINuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Mithivirdi NPP Phase II – Unit INuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Mithivirdi NPP Phase II – Unit IINuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Mithivirdi NPP Phase III – Unit INuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Mithivirdi NPP Phase III – Unit IINuclear Power Corporation of India Limited (NPCIL)Bhavnagar, Gujarat60,000Under Approvals
Jaitapur NPP – Unit IIINuclear Power Corporation of India Limited (NPCIL)Ratnagiri, Maharashtra1,00,000Under Approvals

What this means for suppliers and contractors

The AEC chairman's projection of ₹7.5 lakh crore in private investment, if it materialises over the coming two decades, would represent a structural shift in how nuclear capacity is financed and built in India. For suppliers and contractors, the more immediate signal lies in the existing pipeline.

With 16 projects already in construction across Haryana, Tamil Nadu and other states, procurement activity for civil contractors, turbine and reactor component manufacturers, electrical and instrumentation suppliers, and specialist nuclear-grade material providers is already under way or imminent. Projects such as the Gorakhpur unit in Haryana (Rs 23,502 crore, construction started) and the Kalpakkam project in Tamil Nadu (Rs 9,589 crore, construction started) represent active sites.

The 24 projects under approvals — including multiple large units at Mithivirdi in Gujarat and Jaitapur in Maharashtra — represent the next wave. Suppliers targeting the nuclear sector should monitor regulatory progress at these sites, as approvals clearance typically precedes a rapid acceleration in tendering activity. Gujarat and Maharashtra together account for 20 of the 59 tracked projects, making them the combined focal point of the anticipated pipeline.

Andhra Pradesh, with 16 tracked projects, merits close attention from regional contractors and equipment suppliers. No new nuclear projects were added to the Projects India database in the last 90 days, and there are currently no open India tenders listed under Power Projects, but the depth of the approvals-stage pipeline suggests tendering activity could accelerate as clearances are granted.

Suppliers seeking a broader view of capital spending across the power sector can review the Power Projects sector overview on Projects India. For the latest developments in nuclear specifically, the recent article on RAPP-8 fuel loading and NPCIL's 700 MW Rajasthan unit provides additional context on active commissioning timelines.

Frequently asked questions

How much private investment is projected in India's nuclear power sector by 2047?

The chairman of India's Atomic Energy Commission, Mohanty, projected ₹7.5 lakh crore in private investment in the nuclear sector and a 30 GW contribution by 2047, as reported by The Hindu on 11 October 2026.

How many nuclear power projects are currently active in India?

Projects India tracks 59 live nuclear based power projects across six states: Andhra Pradesh, Gujarat, Tamil Nadu, Maharashtra, Rajasthan and Haryana. Of these, 16 are in construction, 24 are under approvals and 11 are at early or announced stage.

Which states have the most nuclear power projects in India?

Andhra Pradesh leads with 16 tracked nuclear projects, followed by Gujarat, Tamil Nadu and Maharashtra with 10 each, then Rajasthan and Haryana with 4 each, according to Projects India data.

What is the status of the Mithivirdi nuclear power plant in Gujarat?

Projects India tracks six units of the Mithivirdi Nuclear Power Plant in Bhavnagar, Gujarat, all promoted by NPCIL. Each unit is valued at Rs 60,000 crore and all are currently at the Under Approvals stage.

Drafted with AI assistance from published reports and Projects India’s own project database, then reviewed before publication.
Tags: nuclear power AEC India NPCIL private investment nuclear projects India power projects Mithivirdi Jaitapur
Sources: The Hindu

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