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India Set To Embrace Nuclear Energy — Read Motilal Oswal's Analysis
As NTPC gains experience in managing nuclear projects, , NTPC Parmanu Urja Nigam Ltd. may emerge as a key vehicle for undertaking nuclear energy projects in the future, adds the brokerage.
20 Feb 2025, 10:09 AM IST 
In the Union Budget 2025-26, the finance minister announced a new Rs 200 billion mission for the research and development of small modular reactors, with the aim of operationalizing at least five indigenous SMRs by 2033.
(Representative image. Source: NTPC website)
Motilal Oswal believes NTPC Ltd. is the bellwether play for nuclear energy, which could emerge as a new growth driver. Given the sensitive nature of nuclear energy, we believe conventional nuclear investments may continue to be done in partnership with Nuclear Power Corporation of India Ltd.
