Konstelec Engineers forms JV with HCC for nuclear projects
pre-market1 source ↓written by the desknot a recommendation
- in existing nuclear
- 60% market share
- order book beyond
- ₹800 crore
- nuclear capacity
- 22.48 GW
Konstelec Engineers has formed a Joint Venture with Hindustan Construction Company (HCC) to pursue India's ₹20,000 crore nuclear energy projects. This collaboration aims to leverage HCC's 60% market share in existing nuclear capacity, enhancing Konstelec's order book beyond ₹800 crore. The initiative aligns with India's target of 22.48 GW nuclear capacity by 2031-32.
Not investment advice. For informational purposes only.