Indian Oil Corp. Ltd. Plans to Build Small Modular Reactors and Large Nuclear Power Plants in India

Indian Oil Corp. Ltd. is gearing up to implement a new plan that involves the construction of small modular reactors (SMRs) and large nuclear power plants across India. Chairman Arvinder Singh Sahney recently announced this strategic move. The initiative aims to enhance the nation's energy infrastructure and contribute to the overall growth of the power sector. By embracing SMRs, Indian Oil Corp. Ltd. seeks to introduce innovative and efficient solutions to meet the increasing demand for clean energy. Additionally, the establishment of large nuclear power plants signifies a significant step towards bolstering India's energy security and reducing dependence on conventional sources. This strategic decision highlights the company's commitment to advancing technological capabilities and fostering sustainable energy development in the region.