Fairwood Nuclear, SK Securities sign pact to advance small reactor projects

India’s Fairwood Nuclear Pvt Ltd and South Korea’s SK Securities Co Ltd have signed a strategic collaboration agreement to support the development and financing of small modular reactors (SMRs) and micro modular reactors (MMRs) in India, the companies said on Wednesday.
The agreement aims to accelerate the commercial and technical development of advanced nuclear projects in India, as interest grows in low-carbon and energy-secure power generation technologies.
Under the pact, the companies will work together on project development, industry engagement, investor outreach and fundraising initiatives. The partnership is expected to leverage SK Securities’ network across the nuclear, infrastructure and financial sectors in South Korea and international markets to support future projects in India.
“The agreement creates a strategic relationship focused on accelerating project development, strengthening international industry engagement and facilitating access to capital markets and nucle