India Nuclear Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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India Nuclear Power Market Overview
The cumulative capacity for nuclear power in India was 6.2 GW in 2022. India’s nuclear power market is anticipated to grow at a CAGR of more than 11% during the projected period.
India Nuclear Power Market Outlook 2022-2035
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The report offers comprehensive information and an understanding of the nuclear power market in India. The report gives information on the different types of power sources available in the country. The report discusses the nuclear power market in the country and provides forecasts up to 2035. The report highlights installed capacity and power generation trends from 2010 to 2035 in the country’s nuclear power market. The report also provides company snapshots of some of the major market participants.
Cumulative Capacity (2022) | 6.2GW |
CAGR (2023-2035) | >11% |
Historic Period | 2010-2022 |
Forecast Period | 2023-2035 |
Key Active Reactors | · Kudankulam 1
· Kudankulam 2 · Kakrapar 3 · Tarapur 3 · Tarapur 4 |
Key Deals Type | · Debt Offerings |
Leading Players | · Nuclear Power Corporation of India Ltd
· MTAR Technologies Ltd · Atomic Minerals Directorate for Exploration & Research (AMD) · Bhabha Atomic Research Centre (BARC) · Indira Gandhi Centre for Atomic Research (IGCAR) |
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India Nuclear Power Market Segmentation by Active Reactor Plants
Some of the most active reactor plants in India’s nuclear power market are Kudankulam 1, Kudankulam 2, Kakrapar 3, Tarapur 3, and Tarapur 4 among others. As of August 2023, both Kudankulam 1 and Kudankulam 2 have equal plant capacity.
India Nuclear Power Market Analysis by Active Reactor Plants, 2023 (%)
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India Nuclear Power Market Segmentation by Deal Types
Debt offerings is the most preferred deal type in the Indian nuclear power market. During 2010–2022, a total of 24 deals were executed. In 2022, a total of 1 deal was executed.
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India Nuclear Power Market - Competitive Landscape
Some of the leading players in the India Nuclear power market are Nuclear Power Corporation of India Ltd, MTAR Technologies Ltd, Atomic Minerals Directorate for Exploration & Research (AMD), Bhabha Atomic Research Centre (BARC), and Indira Gandhi Centre for Atomic Research (IGCAR).
Nuclear Power Corporation of India Ltd: It is a Government of India Enterprise and is a nuclear energy company. It has a presence across the nuclear energy cycle, from siting to design, construction, operations, plant maintenance, aging management, and carrying out renovation and modernization, and life extension. The company operates atomic power stations and implements atomic power projects for electricity generation. NPCIL generates power using nuclear through pressurized heavy water, light water reactor, pressurized water, and boiling water reactor technologies. It also has interests in various projects that are under contraction and pre-project phases. The company operates plants in Rajasthan, Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat and Karnataka. NPCIL is headquartered in Mumbai, Maharashtra, India.
India Nuclear Power Market Companies
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Scope
The report analyses India’s nuclear power market. The scope of the research includes –
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s nuclear power market, highlighting installed capacity trends (2010-2035), generation trends (2010-2035), and installed capacity split by various power sources.
- Detailed overview of the country’s nuclear power market with installed capacity and generation trends, and major active and upcoming nuclear power projects.
- Deal analysis of the country’s nuclear power market.
- Snapshots of some of the major market participants in the country.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s nuclear power market.
- Facilitate decision-making based on strong historic and forecast data for the nuclear power market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects
MTAR Technologies Ltd
Atomic Minerals Directorate for Exploration & Research
Bhabha Atomic Research Centre
Indira Gandhi Centre for Atomic Research
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Frequently asked questions
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What was the cumulative capacity of India nuclear power installations in 2022?
The cumulative capacity for nuclear power in India in 2022 was 6.2 GW.
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What will be the growth rate of India's nuclear power market during the projected period?
India’s nuclear power market will grow at a CAGR of more than 11% during the projected period.
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Which are the most active plants in the Indian nuclear power market?
Some of the most active reactor plants in India’s nuclear power market are Kudankulam 1, Kudankulam 2, Kakrapar 3, Tarapur 3, and Tarapur 4 among others.
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Which is the most preferred deal type in the India nuclear power market?
Debt offering was the most preferred deal type in the Indian nuclear power market in 2022.
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Which are the leading companies in the Indian nuclear power market?
Some of the leading Nuclear power companies in India are Nuclear Power Corporation of India Ltd, MTAR Technologies Ltd, Atomic Minerals Directorate for Exploration & Research (AMD), Bhabha Atomic Research Centre (BARC), and Indira Gandhi Centre for Atomic Research (IGCAR).
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