NUkler Submits EoI For Rs 6,000 Cr SMR In Telangana
The company wants to set up a Small Modular Reactor-based clean energy project in Telangana with an installed capacity of up to 300 MW.
Hyderabad | 21st January 2026
NUkler Products, a joint venture promoted by Slovakia-based IQ Capital and India-based Green House Enviro, has submitted an Expression of Interest (EoI) to explore the development of a Small Modular Reactor (SMR)-based clean energy project in Telangana with an installed capacity of up to 300 MW.
The proposed project involves an investment of approximately Rs 6,000 crore.
Company representatives - Dr Jan Babic, Group Chairman, IQ Capital; Anil Kumar Bavissetty, Group CEO and Director, IQ Capital; and Molugu Sripal Reddy, CEO and Director, Green House Enviro - shared the EoI during a meeting with the Chief Minister Revanth Reddy-led "Telangana Rising" delegation.
Matus Gemes, Honorary Consul of the Slovak Republic to the Principality of Liechtenstein, was also present at the meeting.
On the occasion, Revanth Reddy said that Telangana was keen to encourage sustainable, clean and advanced energy infrastructure projects. "Sustainability is a central pillar of Telangana's pursuit of a net-zero development target by 2047," he said.
filed in: Telangana, Revanth Reddy, Industry & Business, Investments, Power Plants & Projects