Powering the Next Billion: A Regulatory and Investment Roadmap for SMR Deployment in India
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April 2026 -
Policy Report | April 2026 -
18 min read
Publication Team
Kriti Mutreja
Publication Team
Yash Khandelwal
Publication Team
Ashish Verma
Publication Team
Shagun Vishwanath
Publication Team
Rahul Kumar Dubey
Publication Team
Khushi Mahajan
Publication Team
Sampriti Bhattacharjee
Publication Team
Kartikey Agarwal
Publication Team
Nandini Mishra
Publication Team
Mani Bhushan Jha
Technical Advisor
Executive Summary
This report studies how SMRs can support India's clean energy transition and power security. It focuses on reliable electricity for high-demand sectors, cost competitiveness, site readiness, regulatory clarity and private-sector participation.
Key Developments
- SMRs are presented as a firm, low-carbon power option.
- The report discusses cost gaps, supply-chain requirements and regulatory coordination.
- Existing thermal power sites are reviewed as possible transition locations.
- The roadmap recommends fiscal support, demand signals, clear approvals and domestic value addition.
Key Takeaways
- SMR deployment needs regulatory, financial and supply-chain readiness.
- Reusing suitable existing energy sites can reduce development friction.
- Private participation will require predictable rules and bankable demand.
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