Indian Railways has been seen as a potential joint venture partner for nuclear projects for many years: as long ago as 2017 NPCIL said it planned a joint venture with the state-owned enterprise.

India currently has an installed nuclear capacity of 8,180 MWe, according to the Atomic Energy Regulatory Board.

India aims to achieve 500 GW of non-fossil fuel-based energy capacity by 2030, with an intermediate target of 358 GW at the end of 2026.

The modern power grid generates massive amounts of data from millions of sensors, smart meters, and weather stations.

India and the USA signed a civil nuclear cooperation agreement (also known as a 123 Agreement) in 2008,

FAST aims to generate and sustain a plasma of deuterium-tritium (D-T) reactions, demonstrating an integrated fusion energy system that combines energy conversion including electricity generation and fuel technologies.

Next-month futures in Europe’s biggest economy surged as much as 4.4% on Monday to the highest level since October last year. The equivalent contract in France rose 4.3%.

The partners studied the feasibility of an electric nuclear propulsion (NEP) system where the electricity produced by a nuclear power reactor powers electric ion thrusters - ionising a gas and accelerating the ions produced, which are then ejected to generate thrust.

The new cooperation creates prospects for implementing joint projects in uranium exploration and mining in Mongolia, allowing both parties to strengthen their positions in the uranium industry, Kazatomprom said.

The U.S. Department of Energy will allocate almost $2 billion for 38 projects that will directly focus on hardening the U.S. power grid.