Maharashtra Sparks a ₹6.5 Lakh Crore Nuclear Revolution

Maharashtra has signed memorandums of understanding with Reliance Industries Limited, Adani Power, NTPC Limited and Lalitpur Power Generation Company, backed by the Bajaj Group, to attract investments worth ₹6.5 lakh crore in the nuclear energy sector.

The agreements propose the development of 25,400 MW of nuclear power capacity — nearly three times India’s current operational nuclear fleet of around 8,800 MW. If executed, the planned projects would exceed the Centre’s target of reaching 22,000 MW of nuclear capacity by 2031-32.

India has spent more than five decades building a nuclear power base of roughly 8,780–8,880 MW across 24–25 operating reactors. The proposed Maharashtra projects would represent a major expansion of the country’s nuclear generation capacity and rank among the largest clean energy investment initiatives undertaken in the sector.

Devendra Fadnavis, who presided over the signing ceremony at Mantralaya, said the investments would support Prime Minister Narendra Modi’s vision of making India energy-secure while advancing the country’s long-term zero-carbon and clean energy goals.

News by Rahul Yelligetti.