Budget 2025: Nuclear Stocks Surge on ₹20,000 Crore Energy Mission

Shares of BHEL, Hindustan Construction Company, L&T, Walchandnagar Industries, Thermax, KSB, and Kirloskar Brothers jumped up to 12% on Saturday, February 1. The rise came after Finance Minister Nirmala Sitharaman announced a ₹20,000 crore allocation for the Nuclear Energy Mission in Union Budget 2025.

Small Modular Reactors (SMRs) Plan

While presenting the Budget, the FM stated that at least 5 indigenously developed SMRs would be operational by 2033. This initiative aims to enhance nuclear energy capacity and drive clean energy transition.

India’s 2047 Nuclear Energy Target

The Nuclear Energy Mission for Viksit Bharat plans to develop 100 gigawatts (GW) of nuclear power by 2047. To encourage private sector participation, amendments will be made to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act.

A Digital Budget Tradition

FM Sitharaman presented the Budget using a digital tablet inside a red ‘bahi-khata’ pouch, a tradition she started in 2019 to replace the old Budget briefcase.

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