BARC discusses Reliance, Adani backing for Rs 9,000-crore modular reactor
BARC is exploring private investment from Reliance, Adani, NTPC and L&T to commercialise its 300-MW Bharat Small Modular Reactor through an IP-holding SPV. An RFP is expected soon, with indicative project cost pegged at Rs 9,000 crore per unit.
What happened
Reliance Industries · BARC is discussing private investment with Reliance, Adani, NTPC and L&T to commercialise its 300-MW Bharat Small Modular Reactor through
Key facts
- Rs 9,000 crore indicative cost for a 300-MW B-SMR-300 unit
- Rs 30 crore per MW targeted capital expenditure
- 300 MW B-SMR-300
- 100 GW nuclear capacity target by 2047
- 8.7 GW current nuclear capacity
What changed
BARC is discussing private investment with Reliance, Adani, NTPC and L&T to commercialise its 300-MW Bharat Small Modular Reactor through an IP-holding SPV. The proposed unit carries an indicative Rs 9,000 crore cost, with an RFP expected soon.
Why this matters
Reliance’s potential modular-reactor partnership signals a long-term push to secure cleaner, more reliable power that could eventually support energy-intensive retail and digital operations.