Close Menu
  • Indian Festivals 2026
  • Movie & OTT Releases This Week
  • News
  • Entertainment
  • NRI Life
  • Research
  • Advertise with us
Facebook X (Twitter) Instagram YouTube
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
Indian CommunityIndian Community
Trending
  • Narasimha Jayanti Prayers: Mahamantra, Katha & Aarti
  • Vada Pappu for Narasimha Jayanti – The Sacred No-Cook Moong Dal Prasadam That Asks Almost Nothing of You
  • Neer Mor Recipe — The Chilled Spiced Buttermilk That Completes the Narasimha Jayanti Thali
  • Phula (2026) Movie Review: A Soulful Tale of Resilience and Folk Art
  • Therachaapa Movie Review: A Rooted Rustic Drama Packed With Emotion and Grit
  • Salbardi (2026) Review: A Gripping Tale of Mystery and Justice From the Heartland
  • Bad Boy Karthik Review (2026): A Brother’s Fight That Packs Enough Heart to Win You Over
  • Matka King Review: Vijay Varma’s Finest Hour in a Gripping Bombay Crime Drama
  • Indian Festivals 2026
  • News
    • National
    • International
    • Entertainment
    • Achievements
    • Scam Alerts
    • Business
    • Health & Medicine
    • Science & Technology
    • Sports
  • Entertainment
  • Latest Movie Releases
    • Latest OTT Releases
  • NRI Life
  • India & Culture
  • Health & Wellness
  • Research
Indian CommunityIndian Community
Home » News » Business
Business

Zero Customs Duty on Nuclear Power Imports to Boost Development: Govt

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 18, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
Zero Customs Duty on Nuclear Power Imports to Boost Development: Govt
Share
Facebook Twitter LinkedIn Pinterest Email

The government announced that eliminating customs duty on imported goods for nuclear power projects will expedite progress, reduce project costs, and enhance the feasibility of projects with high import components. Dr. Jitendra Singh, MoS for Atomic Energy and Space, highlighted that exempting nuclear fuels and reactor components until 2035 will cut project and electricity generation expenses, making nuclear power projects more economically viable. The Nuclear Power Corporation of India Limited (NPCIL) has implemented measures to fortify the domestic supply chain for the newly approved 700 MW Pressurized Heavy Water Reactor (PHWR) units.

The initiatives include securing bulk orders for continuity, broadening the vendor base with essential support, advocating indigenous equipment for import substitution, earmarking specific equipment for local suppliers, and organizing vendor meets to boost Micro, Small, and Medium Enterprises (MSMEs) by giving them preference in bids. Additionally, increased funding for research and development at Bhabha Atomic Research Centre (BARC) is being directed towards diverse technology development to achieve self-reliance. The focus areas encompass the development of new research reactors, isotope production facilities for cancer treatment, advanced reactor technologies like Small Modular Reactors (SMRs), hydrogen production, accelerator technologies, laser-based applications, and advanced materials and manufacturing technologies.

The government clarified that there are no current plans to integrate the PM Gati Shakti framework with the construction and logistics of upcoming nuclear parks in coastal States. India’s nuclear expansion is projected to grow gradually, reaching approximately 22 Gigawatts (GW) by FY2032, factoring in ongoing and planned projects, as per a recent report by credit ratings agency Infomerics Ratings. The SHANTI Bill 2025 has replaced the Atomic Energy Act, 1962, and the Civil Liability for Nuclear Damage Act, 2010, establishing a unified legal framework governing development, safety, security, safeguards, and nuclear liability.

Bhabha Atomic Research Centre Dr. Jitendra Singh Infomerics Ratings Micro Small and Medium Enterprises Nuclear Power Corporation of India Limited PM Gati Shakti framework Pressurized Heavy Water Reactor SHANTI Bill 2025 small modular reactors
Add us to Google Preferred Sources
Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

Add A Comment

Former Manchester United Defender Alex Telles Scores Late Winner for Botafogo in Copa do Brasil

April 22, 2026

West Indies Championship Match Abandoned Due to Unsafe Pitch Conditions

April 22, 2026

Anupam Kher Shares Spiritual Encounter with Swami Avdheshanand Giri on Flight

April 22, 2026

Mammootty and Suresh Gopi Express Grief Over Thrissur Explosion Tragedy

April 22, 2026
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
About Us
  • About Us
  • Contact Us
  • Terms of Service
Corporate
  • Download Indian Community App
  • Advertise Here
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
© 2026 Designed by CreativeMerchants.

Type above and press Enter to search. Press Esc to cancel.