Fairwood Nuclear Pvt. Ltd. of India and SK Securities Co. Ltd. of South Korea have entered right into a strategic partnership settlement to help the event and financing of small modular reactors (SMRs) and micromodular reactors (MMRs) in India, the businesses introduced on Wednesday (June 3, 2026).
The settlement goals to speed up the business and technical growth of superior nuclear energy initiatives in India amid rising curiosity in low-carbon and energy-secure energy era applied sciences.
Beneath the settlement, the 2 firms will collaborate on mission growth, trade engagement, investor outreach and financing efforts. The partnership is anticipated to leverage SK Securities’ community throughout the nuclear, infrastructure and monetary sectors in South Korea and worldwide markets to help future initiatives in India.
“This settlement creates a strategic relationship targeted on accelerating mission growth, strengthening worldwide trade engagement, and facilitating entry to capital markets and nuclear stakeholders, together with South Korea and India. This cooperation is targeted on supporting the event and financing of SMR and MMR in India,” Fairwood stated in an announcement.
The collaboration establishes a non-exclusive framework to establish strategic partnerships, interact institutional and retail traders, and facilitate entry to the capital and expertise ecosystem. The preliminary settlement will final for 3 years and could also be prolonged by mutual consent.
“By combining business ambition with worldwide industrial entry and capital help, Fairwood Nuclear is constructing an Indian platform that may speed up the subsequent era of nuclear initiatives,” stated Ranbir Saran Das, co-founder of Fairwood Nuclear.
Patrick Han, head of world enterprise at SK Securities, stated superior nuclear applied sciences corresponding to SMR and MMR are anticipated to play an more and more vital position in India’s future vitality combine, and this partnership will assist align Korean and international experience, investor networks and strategic relationships to help mission growth.
The settlement comes as governments and traders around the globe more and more give attention to next-generation nuclear expertise as a supply of dependable, carbon-free energy and vitality safety.
Fairwood Nuclear stated the partnership will help its ambitions to develop, finance, personal and function SMR and MMR initiatives in India, whereas additionally driving analysis and growth aimed toward constructing a privately designed and financed ‘Make in India’ reactor platform.
SK Securities is a Korea-based advisory and funding firm with pursuits and relationships spanning the nuclear, vitality, industrial and infrastructure sectors.
