Key insights
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1
Site selection precedes global reactor tenders: People familiar with the matter said NTPC’s plan to finalize locations by mid-year is a crucial step before seeking global bids for large reactors.
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New nuclear law targets supplier liability concerns: The government passed a new nuclear law last month to assuage suppliers’ concerns over India’s liability regime that had spooked global investors.
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Location criteria include distance from settlements and seismic risk: Upcoming plants should be at least 1 kilometer away from residential settlements, sit on a low seismic zone, and be close to a water source.
Takeaways
NTPC is moving toward selecting nuclear project sites and preparing for global tenders while India updates its nuclear framework to attract suppliers.
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World & Politics Policy & Regulation Climate & Environment Energy