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Aarkstore Enterprise-Indian Nuclear Energy Markets-Market Research Report
by Anushka on Mar 30, 2011
Indian Nuclear Energy Markets
Indian Nuclear Energy Market: An investment opportunity of US$55 billion by 2020, growing at an average annual growth of about 9%.
The Indo-US Nuclear Deal will promote economic growth by opening new trade and investment in civilian nuclear industry. It will increase the participation of foreign countries in the nuclear program of India. Increased usage of thorium with the help of robust technology will undoubtedly boost nuclear power growth in India. Nuclear energy market in India is pegged at US$24 billion in 2010 and it has grown at a CAGR of about 6% in last 3 years. As on 28th Feb. 2010, the India’s installed capacity of nuclear power was 4,340 MW and investments in Indian Nuclear Energy market is poised for US$55 billion by 2020 (compared to US$24 billion in 2010), growing at an average annual growth of about 9%.
The Department of Atomic Energy (DAE) envisions a total installed capacity of 20GW...Read More >>
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