As per The Economic Times report, Larsen & Toubro (L&T) is looking to significantly increase its revenue from the nuclear energy sector.
The company aims to capitalise on the anticipated growth in India's nuclear capacity, as the country aims to expand from 8.8 GW to 100 GW by 2047.
L&T has a long-standing relationship with India's nuclear energy programme, playing a crucial role in technology development and manufacturing.
Anil V Parab, whole-time director and senior executive vice president of heavy engineering & manufacturing, expressed confidence in the company's ability to support the government's nuclear expansion goals.
The engineering giant anticipates a 3 to 3.5 times increase in its nuclear-related revenues over the next 5 years.
This ambitious growth is based on several factors, including the rapid execution of projects and a rising demand for nuclear power driven by sectors like AI and data centres.
L&T is keen on exploring global opportunities, with 32 countries planning to expand their nuclear capacities. The company is particularly focused on manufacturing critical equipment such as reactors and steam generators, which can be produced in India and exported.
In West Asia, including markets like Abu Dhabi, L&T is pursuing construction and project execution roles.
L&T has made it clear that it does not plan to own or operate nuclear power plants. Instead, the company will focus on engineering, procurement, and construction (EPC), manufacturing, and project management contracts.
Additionally, L&T is in discussions with global technology providers for both large reactors and small modular reactors (SMRs).
Read More: CCI Approved Acquisition of 100% Stake of Nabha Power from L&T Power Development Ltd!
L&T's Hazira facility, which was established decades ago, has sufficient capacity to support a rapid scale-up of nuclear projects without the need for significant fresh capital expenditure.
The accelerated growth in sectors like AI and data centres is also driving the demand for stable, clean energy that nuclear power provides. Scaling up nuclear capacity is seen as essential for supporting energy-intensive sectors and enhancing energy security in India.
As of April 13, 2026, at 9:16 AM, Larsen & Toubro share price on NSE is trading at ₹3,858.90 down by 2.57% from the previous closing price.
L&T's focus on expanding its nuclear energy business aligns with global and domestic trends towards stable energy sources like nuclear power. By capitalising on India's infrastructure and exploring international markets, L&T aims to achieve substantial revenue growth within this sector.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 13, 2026, 11:06 AM IST
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