Why are Indian corporates considering nuclear energy in their green transition plans?

Indian corporates see nuclear energy as a reliable long-term option because solar and wind have practical limitations. Industry leaders at the summit said nuclear can support growing energy demand while helping companies move towards cleaner power.

What did Tata Steel say about captive nuclear power?

Tata Steel said there is a clear business case for nuclear energy and it is open to exploring captive nuclear power for its long-term energy needs. The company also said it is studying European environmental standards for adoption at its Indian units.

How is L&T contributing to India’s alternative energy and nuclear journey?

L&T said it is focused on integrating multiple technologies for energy security. As a major EPC player in the nuclear sector, it is also working on green hydrogen projects and large renewable energy assignments for customers.

What is JSW’s view on India’s energy transition pathway?

JSW said India needs a practical and financially viable transition path that moves step by step from grey and brown energy towards greener options. It also highlighted the need for government mandates to create demand for sustainable products.

What concerns were raised about new nuclear technologies in India?

Experts said issues such as the liabilities clause in the SHANTI Act and public confidence near proposed nuclear sites need attention. They added that nuclear requires a 50 to 60 year commitment, and stronger justification and trust-building are still needed.

India Inc sees nuclear as key to their decarbonisation journey

SHANTI Act allowed private sector entry into civil nuclear energy, Indian corporates are exploring technologies to take it forward.

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Richa Sharma

Updated Jun 8, 2026 12:13 PM IST

India Inc sees nuclear as key to their decarbonisation journey

The panel on alternative energy sources saw the companies talking about innovative measures as part of their energy transition.

Indian corporates are looking at integrated energy technologies as part of their green transition journey but nuclear is the most suitable option.

“We have made a good start since the passage of SHANTI Act. As India grows, there is no option other than nuclear to look at as solar and wind have limitations,” said Rajiv Mangal, VP-Safety, Health & Sustainability, Tata Steel.

Speaking at the Business Today India’s Most Sustainable Companies Summit and Award, Mangal said there is a business case for nuclear and Tata Steel is open to have captive nuclear power as part of its long term energy dependence. The company is looking at adopting some of the European environmental standards at Indian units.

L&T which is one the biggest EPC player in the nuclear sector, says the focus is on integration of all technologies for energy security.

“We are on right track and working on all of that. L&T has been part of Indian's nuclear journey. We are doing Green Hydrogen projects for our customers and others big renewable projects,” said Santosh Singh, Chief Sustainability Officer, L&T.

The panel on alternative energy sources saw the companies talking about innovative measures as part of their energy transition.

“We need to find a solution which is fit for India and our journey has to start from grey, brown, less brown, light green to green, keeping in mind our domestic needs. We need to look at the levers and processes which are financially viable,” said JSW Chief Sustainbility Officer, Prabodha Acharya.

He further said that there is also need for demand creation with government mandates for sustainable products and the industry will start manufacturing.

Karthick Ganeshan, Fellow and Director, CEEW pointed at the liabilities clause in the SHANTI act and a need to create confidence among people living around new identified sites before newer nuclear technologies are put.

“Nuclear is vision to commit to technology with 50-60 year horizon but the ability to justify is not yet there,” he said.

FAQs

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Why are Indian corporates considering nuclear energy in their green transition plans?
Indian corporates see nuclear energy as a reliable long-term option because solar and wind have practical limitations. Industry leaders at the summit said nuclear can support growing energy demand while helping companies move towards cleaner power.
+
What did Tata Steel say about captive nuclear power?
Tata Steel said there is a clear business case for nuclear energy and it is open to exploring captive nuclear power for its long-term energy needs. The company also said it is studying European environmental standards for adoption at its Indian units.
+
How is L&T contributing to India’s alternative energy and nuclear journey?
L&T said it is focused on integrating multiple technologies for energy security. As a major EPC player in the nuclear sector, it is also working on green hydrogen projects and large renewable energy assignments for customers.
+
What is JSW’s view on India’s energy transition pathway?
JSW said India needs a practical and financially viable transition path that moves step by step from grey and brown energy towards greener options. It also highlighted the need for government mandates to create demand for sustainable products.
+
What concerns were raised about new nuclear technologies in India?
Experts said issues such as the liabilities clause in the SHANTI Act and public confidence near proposed nuclear sites need attention. They added that nuclear requires a 50 to 60 year commitment, and stronger justification and trust-building are still needed.

Published on: Jun 6, 2026 6:50 PM IST

India Inc sees nuclear as key to their decarbonisation journey

SHANTI Act allowed private sector entry into civil nuclear energy, Indian corporates are exploring technologies to take it forward.

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