Neutral impactEconomy
India must review green finance frameworks to unlock nuclear investment: Abhay Karandikar
BusinessLine 1 hr ago·2 Sept 2026, 1:03 pm
A prominent nuclear scientist has urged the Indian government to revise its green finance frameworks to attract more capital for the nuclear energy sector. Abhay Karandikar emphasized that current financial models are not fully aligned with the unique requirements of nuclear power, which is essential for meeting India's climate goals.
This shift is critical for investors as it signals a potential policy push to unlock funding for a sector that has struggled to attract private money. Developing a specialized workforce to support a massive 100 GW capacity by 2047 further highlights the scale of the opportunity and the long-term commitment required.
Investors should watch for specific policy announcements and regulatory updates. A clearer framework could pave the way for increased participation from global funds and domestic investors in the nuclear space.
Excerpt from BusinessLine
NITI Aayog Member Abhay Karandikar on Wednesday emphasised on Indian policy makers to review the country’s green financing norms, on the lines of the World Bank and Asian Development Bank (ADB), to open up avenues for investment in nuclear energy. Speaking at the Bharat Electricity 2026 event, the former Secretary of…Read the original at BusinessLine
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