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India’s Fairwood Nuclear Pvt. Ltd. and South Korea’s SK Securities Co. Ltd. person signed a strategical collaboration statement to enactment the improvement and financing of tiny modular reactors (SMRs) and micro modular reactors (MMRs) successful India, the companies said connected Wednesday (June 3, 2026).
The statement aims to accelerate the commercialized and method improvement of precocious atomic projects successful India, arsenic involvement grows successful low-carbon and energy-secure powerfulness procreation technologies.
Under the pact, the companies volition enactment unneurotic connected task development, manufacture engagement, capitalist outreach and fundraising initiatives. The concern is expected to leverage SK Securities’ web crossed the nuclear, infrastructure and fiscal sectors successful South Korea and planetary markets to enactment aboriginal projects successful India.
“The statement creates a strategical narration focused connected accelerating task development, strengthening planetary manufacture engagement and facilitating entree to superior markets and atomic stakeholders successful Korea, India and elsewhere. The collaboration is focused connected supporting the improvement and financing of SMRs and MMRs successful India,” Fairwood said successful a statement.
The collaboration establishes a non-exclusive model for identifying strategical partnerships, engaging organization and backstage investors, and facilitating entree to superior and exertion ecosystems. The archetypal statement volition tally for 3 years and whitethorn beryllium extended by communal consent.
“By combining commercialized ambition with planetary manufacture entree and superior support, Fairwood Nuclear is creating an Indian level susceptible of accelerating next-generation atomic projects,” said Ranbir Saran Das, co-founder of Fairwood Nuclear.
Patrick Han, caput of planetary concern astatine SK Securities, said precocious atomic technologies, specified arsenic SMRs and MMRs, are expected to play an progressively important relation successful India’s aboriginal vigor premix and that the concern would assistance align Korean and planetary expertise, capitalist networks and strategical relationships to enactment task development.
The statement comes arsenic governments and investors globally summation their absorption connected next-generation atomic technologies arsenic a root of reliable, carbon-free energy and vigor security.
Fairwood Nuclear said the concern would enactment its ambitions to develop, finance, ain and run SMR and MMR projects successful India, portion besides advancing probe and improvement aimed astatine creating a privately designed and financed “Make successful India” reactor platform.
SK Securities is simply a South Korea-based advisory and concern steadfast with interests and relationships crossed the nuclear, energy, concern and infrastructure sectors.
