Nuclear power expansion: India needs a clear financing strategy

India's ambitious nuclear expansion to 100 GW by 2047 requires a clear financing and risk-sharing framework that attracts private investment through measures such as viability-gap funding, longer-term loans, tax incentives, and access to green finance, write Dr Ravi Madhavan, Professor, Strategic Management, University of Pittsburgh School of Business, US, Mr Tom Nguyen, Former Executive Vice-President, Westinghouse and Mr K Ramanathan, Distinguished Fellow Emeritus, Electricity and Renewables Division, The Energy and Resources Institute (TERI).