Archive · 6 Jan 2026
REC, PFC to Boost Nuclear Lending
The Indian government is allowing private companies to start nuclear power projects.
However, these projects need a lot of money to begin.
Two big government companies, PFC and REC, might help by lending money for these projects.
This will make other banks and private lenders more confident to invest.
The cost of these projects is very high, so the government and these companies are working to make sure the money is available and the projects are managed well.
REC plans to start lending for nuclear projects in the next few years, focusing on smaller, more manageable reactors.
Government opens nuclear sector to private players, addressing capital concerns.
PFC and REC could lend for nuclear projects, building confidence for banks and private lenders.
Capital cost for nuclear projects is over Rs 15 billion per MW, requiring Rs 2500 billion investment in 5-7 years.
REC plans to enter nuclear space in 2-3 years, focusing on small modular reactors (SMRs).
Improved project management by private sector expected to reduce capital costs.
- Who
- PFC, REC, Ministry of Power, Private Sector
- What
- Potential lending for nuclear projects
- When
- Next 2-3 years for REC entry
- Where
- India
- Why
- To build confidence for private lenders and banks
- Organizations
- PFC, REC, Ministry of Power
- Capital Cost
- Over Rs 15 billion per MW
- Total Investment Needed
- Over Rs 2500 billion in 5-7 years
- Timeframe for REC Entry
- Next 2-3 years
- Focus Area
- Small Modular Reactors (SMRs)