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NPCIL explores JV model with Central PSUs, states for jointly developing nuclear power plants

NPCIL is garnering interest from other central PSUs like Indian Oil Corporation and Indian Railways for joint nuclear power plant development. States are also keen on holding minor stakes to support these projects. NPCIL aims to reach 22 GW by 2031-32, with a larger 50 GW target by 2047, utilizing both pressurized heavy water and light water reactor technologies.

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BP bets on NEC-25 for gas surge, credits PM Modi's reforms

BP Plc is targeting increased natural gas production in India, spurred by recent government reforms. The company, in partnership with Reliance Industries Ltd, aims to extract nearly 10 million cubic meters per day from the NEC-25 block. BP’s CEO, Murray Auchincloss, highlighted that policy changes have improved the investment climate, attracting global players to support India’s energy security.