The Naveen Jindal Group is planning a significant expansion into the nuclear energy sector, with proposals to develop up to 18 GW of nuclear power capacity across multiple states as part of its long-term energy diversification strategy. The initiative is expected to support the Government of India’s target of achieving 100 GW of nuclear power capacity by 2047.
The proposed projects will be undertaken through Jindal Nuclear Power Pvt Ltd, a wholly owned subsidiary of Jindal Renewables. The company is currently evaluating potential project sites in more than nine states, with a primary focus on coastal regions, including Gujarat, Odisha, Andhra Pradesh and Tamil Nadu. Inland states such as Jharkhand and Chhattisgarh are also under consideration, subject to the availability of adequate water resources required for nuclear power generation.
Site selection is being carried out based on several technical and infrastructure parameters, including land availability, access to water, geological and seismic suitability, transmission connectivity, regulatory preparedness, and long-term operational viability. The company is also engaged in discussions with multiple State Governments regarding potential project locations and investment opportunities.
According to the proposed development plan, the projects are expected to utilise Large Module Reactors (LMRs) with capacities of 700 MW and above. The company is targeting a cumulative installed capacity of 18 GW, making it one of the largest planned private-sector nuclear power initiatives in the country.
Industry estimates indicate that establishing 1 GW of nuclear power capacity requires an investment of approximately Rs 15,000 crore to Rs 20,000 crore. Based on the planned scale, the overall investment is expected to run into several lakh crore rupees. The company is also exploring technology partnerships with international players to secure advanced nuclear technologies and strengthen project execution capabilities.
The proposed entry into nuclear energy marks a strategic expansion for the Naveen Jindal Group, which already has a diversified presence across steel, mining, thermal power, renewable energy and real estate. The move aligns with India’s broader efforts to expand its low-carbon energy mix, strengthen long-term energy security, and accelerate the transition towards cleaner sources of power generation.