Federal News
India Allocates Rs 20,000 Crore for SMR Development
March 13, 2026
The Government of India has allocated Rs 20,000 crore in the 2025-26 Union Budget to advance the research, design, development, and deployment of Small Modular Reactors (SMRs) under its Nuclear Energy Mission. This funding supports key indigenous projects including the Bharat Small Modular Reactor (BSMR-200), SMR-55, and a high-temperature gas-cooled reactor aimed at hydrogen generation. The initiative is led by federal entities such as the Department of Atomic Energy (DAE), Atomic Energy Commission, Bhabha Atomic Research Centre (BARC), and Nuclear Power Corporation of India Limited (NPCIL), with significant involvement from domestic industry partners. The program targets achieving 100 GW of nuclear capacity by 2047, emphasizing self-reliance in nuclear technology and expanding India's clean energy infrastructure.
- Why this matters: This substantial budget allocation signals a major procurement and development opportunity for Indian nuclear technology firms and suppliers specializing in advanced reactor design and hydrogen production technologies.
- Procurement professionals should anticipate upcoming solicitations and contracts related to SMR components, engineering services, and technology integration at DAE facilities.
- The focus on indigenous development encourages collaboration with government research institutions and compliance with national standards, impacting vendor qualification and partnership strategies.
- Organizations involved in nuclear energy supply chains can leverage this initiative to align their capabilities with India's long-term clean energy goals and participate in a growing market for modular nuclear reactors.
Agencies
Department of Atomic Energy, Atomic Energy Commission, Ministry of Environment, Forest and Climate Change, Bhabha Atomic Research Centre, Nuclear Power Corporation of India Limited
Contracts
Rs 20,000 crore