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India Weighs Third Bulk Order of 700-MW PHWRs as Nuclear Push Accelerates

A December law opened the sector to private builders, easing supplier liability.

Overview

  • Bloomberg reports New Delhi is considering bids for up to 10 domestically designed 700‑MW PHWRs as a third fleet order, with no tender announced yet.
  • The bulk-buy plan is intended to boost negotiating power and help bring down reactor costs through scale.
  • The reform passed in December permits private companies to generate nuclear power and relaxes liability rules that had deterred suppliers.
  • Reaching the 100‑GW target by 2047 would require about Rs 19.3 trillion ($211 billion) in investment, according to a government estimate.
  • Private players and manufacturers are preparing for potential projects, with JSW Energy scouting sites and L&T signaling a production ramp-up, while analysts warn of high costs and likely delays.