Joint-Venture Partnerships Set to Boost India’s Nuclear Industry Growth: Nuclear Energy, Nuclear Industry, Nuclear Power, Market and Analysis
Title
Date
No of pages
Joint-Venture Partnerships Set to Boost India’s Nuclear Industry Growth
FEB 2010
26
Joint-venture partnerships will significantly boost India’s nuclear industry growth. Following the NSG waiver clearing barriers for nuclear trade relations with India, the nuclear power industry has been witnessing several joint venture activities. The country has set an imposing target of achieving an installed capacity of 20 GW by 2020 and 63 GW by 2030. The total size of the Indian nuclear power market will be around $40 billion by 2020 with a growth rate (AAGR) of 9.2% in installed nuclear capacity during 2008–20. Nuclear companies across the globe plan to have their respective shares of this lucrative market. International companies have already formed joint venture partnerships and technology tie-ups with domestic companies aimed at tapping the market potential of the Indian nuclear power industry. The total investments made by some of the companies are to a tune of around $1.30 billion following the Indo-US nuclear deal in 2008. >> Read more
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