In a first, India seeks private investment in nuclear energy
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Image Credit: bfsi.economictimes
India is seeking private investments of around $26 billion in its nuclear energy sector to increase electricity generation from non-carbon-emitting sources, as per Reuters. This marks a first such initiative for the country, as nuclear power currently is entirely a government investment and accounts for less than 2% of India's total electricity generation. The funds will help India achieve its goal of having 50% of its installed electric generation capacity come from non-fossil fuels by 2030, up from 42% today.
