NUkler Products Proposes 300 MW SMR Clean Energy Project in Telangana with €600 Million Investment
NUkler Products has proposed a €600 million (approximately ₹6,000 crore) Small Modular Reactor (SMR) clean energy project in Telangana, aiming for a capacity of 300 MW. The Expression of Interest was presented to Chief Minister A. Revanth Reddy during a meeting in Davos, highlighting the state's commitment to sustainable energy and its net-zero target by 2047. Additionally, US-based Sargad is interested in a phased investment initiative potentially reaching ₹1,000 crore, alongside plans for economic zones and new airports in the region.
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NUkler Products, a joint venture between Slovakia's IQ Capital and Green House Enviro, has proposed a Small Modular Reactor (SMR) based clean energy project in Telangana with a capacity of up to 300 MW. The project requires an investment of EUR 600 million (approximately ₹6,000 crore).
The Expression of Interest was submitted during a meeting in Davos with Telangana Chief Minister A. Revanth Reddy, who emphasized the state's commitment to sustainable energy and its net-zero development target by 2047.
Additionally, US-based Sargad expressed interest in a phased investment initiative in Telangana, potentially reaching ₹1,000 crore over three to five years, and proposed establishing an aviation MRO facility. The meeting also discussed the development of three economic zones and the establishment of two airports in Warangal and Adilabad.
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