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The Economic Times

Top News / The Economic Times

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US announces $17.5 billion in loans for nuclear power supply chain

The U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accelerate the construction of new large-scale reactors. Seven utilities have already expressed interest in these loans, which will support Westinghouse reactors. This initiative seeks to overcome investment hurdles and boost U.S. electricity generation capacity.

24 Jun 2026 7:33 am