India is actively seeking to boost private sector investment in its nuclear energy sector through financial incentives and assured power purchase agreements (PPAs), as reported by The Economic Times. The government is set to engage in consultations with technology developers, operators, and investors to determine funding requirements and technological readiness for expanding nuclear power generation. Abhay Karandikar, a member of NITI Aayog, indicated that discussions will commence soon. The government is also working on implementing the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025, which opens various nuclear sector segments to private participation. Financial incentives may be provided through the Rs 1 lakh crore Research Development and Innovation (RDI) scheme, which offers low-cost financing for emerging technologies. India's current nuclear capacity of 8.78 GW is expected to increase to 22.38 GW by 2031-32, with a long-term goal of reaching 100 GW by 2047, aligning with the country's decarbonization objectives. Additionally, a Rs 20,000 crore Nuclear Energy Mission aims to expedite the development of small modular reactors, with a target of operationalizing five indigenously designed SMRs by 2033.