India set to allow its private firms to mine and import uranium to help nuclear expansionPrime Minister Narendra Modi of India listens to Britain's Prime Minister Keir Starmer (not pictured) as they meet for bilateral talks at Chequers near Aylesbury, England, Thursday, Ju 24, 2025. If it meets its expansion goal, nuclear will provide 5 percent of India's total power needs, according to government estimates. But to help meet a surge in demand for nuclear fuel as it expands nuclear power production, the government plans to draw up a regulatory framework that would allow private Indian firms to mine, import and process uranium, the two government sources told Reuters. Outside India, countries including Canada, South Africa and the United States allow private firms to mine and process uranium. DOMESTIC SUPPLY IS NOT ENOUGHIndia has an estimated 76,000 tonnes of uranium enough to fuel 10,000 megawatts of nuclear power for 30 years, according to government data.
