Fairwood Nuclear and SK Securities Ink Agreement to Advance Small Reactor Projects

India’s Fairwood Nuclear and South Korea’s SK Securities have signed a pact. The agreement aims to advance development of small nuclear reactor projects. Both parties will collaborate on technology and financing aspects. The partnership reflects rising interest in modular reactor designs. It seeks to combine Indian nuclear expertise with Korean financial backing. The deal could accelerate deployment of small reactors in the region. Stakeholders view the pact as a step toward diversified energy sources. Further details on project timelines remain to be disclosed.