Indian State Of Bihar Signs $2.3 Billion MoU For Small Modular Reactor Nuclear Plant

South Asian nation has ambitious plans for 100 GW of installed reactor capacity by 2047

Indian State Of Bihar Signs $2.3 Billion MoU For Small Modular Reactor Nuclear Plant
The Kudankulam nuclear power station In India. New Delhi has outlined a roadmap to achieve 100 GW of nuclear power capacity by 2047. Courtesy Tvel.

The government of the Indian state of Bihar has signed memorandums of understanding (MoUs) worth about $6bn (€5.2bn) with several industrial groups, including for a nuclear energy project.

According to a statement issued by the office of the state’s chief minister, Samrat Choudhary the proposed investments span the steel, textile, food processing, pharmaceutical and nuclear energy sectors.

The biggest investment proposal came from Global Renewable Advanced Clean Energy, a recently registered private company based in Hyderabad, central India, which signed an MoU for a $2.3bn project in the nuclear energy sector. No further details of the MoU were available.

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