India’s Prime Minister Narendra Modi on Thursday said that the government is planning to open the nuclear sector to private companies, according to PTI. The move marks a significant policy shift aimed at expanding India’s domestic capabilities in nuclear energy and related infrastructure.
The announcement is expected to draw attention to infrastructure-linked companies, including engineering and construction firms such as HCC, which have historically participated in nuclear and heavy civil projects.
Further details on regulatory changes or private-sector participation frameworks were not immediately provided.
Hindustan Construction Company (HCC) is a major Indian engineering and construction company founded in 1926. Headquartered in Mumbai, its core business is building large infrastructure projects across transportation, power, and water sectors, and it has a history of significant national projects like the Bandra-Worli Sea Link and the Farakka Barrage. HCC also operates in the industrial, marine, and residential sectors and provides services like toll management and real estate development.