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Tata Group is set to make history with the creation of India's first privately-run nuclear power plant in Rewa, Madhya Pradesh, at a cost of Rs 28,000 crore. The venture, spearheaded by Tata Power, marks a major turning point in India's nuclear power sector, traditionally under government control.

The project follows recent policy changes to open up nuclear power generation to private sector involvement, including joint ventures with Nuclear Power Corporation of India Ltd (NPCIL). It's likely to start with lower capacities, with the potential to increase capacity and to deliver clean and reliable baseload electricity, while helping India meet its goal of substantially ramping up nuclear energy capacity by 2047.

Tata Power has considered several locations and technologies, such as small modular reactors (SMRs), for its projects. The Rewa project will generate thousands of jobs, boost the local economy, and enhance India's energy security with clean power. The project highlights Tata's role as a trailblazer in bringing private investment into the sector, along with other potential investors.