Exclusive-India set to allow its private firms to mine and import uranium to help nuclear expansion

  • Posted on August 13, 2025
  • By Yahoo News
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Exclusive-India set to allow its private firms to mine and import uranium to help nuclear expansion

NEW DELHI (Reuters) -India aims to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector and bring in billions of dollars to boost the industry, two government sources said. Prime Minister Narendra Modi's government plans to expand nuclear power production capacity by 12 times by 2047 and it is also relaxing requirements to allow foreign players to take a minority stake in power plants, Reuters reported in April.
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