Why India's private nuclear entrants prefer PHWRs over small modular reactors—at least for now

India's private nuclear companies prefer starting with the indigenous 700 MWe Pressurised Heavy Water Reactor (PHWR) technology due to decades of domestic experience, an established supply chain, and regulatory familiarity. Small Modular Reactors (SMRs) remain part of long-term plans but are deferred by private players until the sector matures further, supported by the SHANTI Act 2025 enabling wider private sector participation.

This Wire brief sits within Fusion42's coverage of Energy Storage.