IndianOil preparing new strategy for N-power, not interested in Nayara stake: Chairman Sahney

India’s largest oil refinery and marketer is looking at nuclear diversity, in an interview, the company’s previously initiative Ltd Nuclear Power Corp. (NPCIL) said it was connected. He did not disclose plans for the technology partner.

India’s Bharat SMR (BSR) is designed with a capacity of 200 MWe, while a smaller variant of 55 MWe is also being developed. However, Indian Oil did not participate in NPCIL’s latest offers to establish such reactors for prisoners. Indian Oil’s great refineries consume as much power as the BSRs produce, Sahi Sahey said, asking him to think about building them.

“We did not agree with the NPCIL’s proposal request (RFP) process, but we look at it in a renewed way … It was 10 years ago when we connect with NPCIL. But now there is a renewed energy.” He said.

The focus of Indian oil on nuclear energy plans to establish 22 GW nuclear energy by 2032 and rises from 8.7 GW until 2047.

Major NTPC Ltd, operated by the state, established a subsidiary called NTPC Parmanu Urja Nigam Ltd earlier this year. While the government plans to open space for special players, various holdings and renewable energy departments are interested in this field. Last month, Mint Reliance Industries, Adani Group, Greenko, Vedanta, HPCL-MITTAL ENERGY LTD, JSW Group and Hindalco Industries, including companies to establish two units of NPCIL’s RFP’s RFP 220-MWE pressure (PHWR) BSRs replied.

26 In financial, union budget is a La20,000 Crore nuclear energy mission for research and development of SMRs. In July, the FY25’s full budget suggested that the government partnership with the private sector to develop SMRs with the private sector, while in February, announced its temporary budget financing. La1 trillion for RAR in this area.

A report by SBICAPS in April, although nuclear energy provides a high -quality, reliable power at low operational cost, historically, these advantages are shadowed with concerns about security, capital costs and fuel supply. However, the increasing demand from AI data centers and crypto has revived the interest when combined with unique low -carbon base load capability suitable for thermal plant replacement.

“This revival is most prominent in China, 30 GW reactor capacity has been developed and India and Türkiye remain cautious with increasing interest.”

In response to a query, he said Indian oil was not interested in buying Rosneft’s shares in Nayara Energy.

“This is an open offer, in the market … I’m not completely interested; so we didn’t completely question it,” he said.

In March, Economic times The energy of the state, which Russia has a share of 49.13%, said that Energy, the Great Nayara Energy, tried to get out of the Indian initiative due to sanctions, and the Russian company has not been able to gain from Nayara Energy for the last few years.

Official, after dealing with volatility during the Israel-Iranian conflict last month, they are sure that the Indian oil and the indigenous oil and gas industry will now be sure to wander in case of any oil supply crisis. India, as it significantly diversified oil imports from about 40 countries, added that the refineries operated by the state, including the Indian Oil’s Panipat refinery, are well equipped to address various raw barrels.

The refined capacity of the Indian oil group, the subsidiary of Chennai Petroleum Corp. LTD (CPCL) 80.75 million metric tons (MMTPA), including 10.50 million tons of treatment capacity annually. It also undertakes the expansion of the Panipat refinery from 15 mmtpa to 25 mmtpa.