Archive · 6 Aug 2025
CORE Energy Systems Secures ₹200 Crore for Expansion
Imagine a company called CORE that works on making nuclear power plants and defence systems in India.
CORE just received a lot of money – ₹200 crore – from investors to help them do even more!
They’ll use the money to build bigger factories, do more research, and work on new kinds of nuclear reactors.
This is important because India wants to make a lot more clean energy using nuclear power and be strong in defence.
This helps India to be self-reliant.
CORE Energy Systems secured ₹200 crore in funding.
The funding will strengthen India's nuclear and defence manufacturing.
Investment led by Pankaj Prasoon and Ashish Kacholia.
Funds to expand infrastructure, manufacturing, and research.
CORE is involved in the Small Modular Reactor programs.
- Who
- CORE Energy Systems.
- What
- CORE Energy Systems secured ₹200 crore in fresh funding.
- When
- The investment was announced on August 6, 2025.
- Where
- Mumbai, India.
- Why
- To strengthen India’s nuclear and defence manufacturing capabilities.
- Company
- CORE Energy Systems Ltd.
- Funding Amount
- ₹200 crore
- Investors
- Pankaj Prasoon, Ashish Kacholia, and strategic investors
- Focus
- Nuclear and defence manufacturing
- Certification
- ISO 19443
- Location
- Mumbai, India