Davos/Hyderabad, Jan. 21 -- 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 EUR 600 million, estimated at around Rs 6,000 crore.
The EoI was presented during a meeting with the Chief Minister A. Revanth Reddy-led 'Telangana Rising' delegation at the World Economic Forum (WEF) 2026 in Davos.
Company representatives including Dr Jan Babic, Group Chairman, IQ Capital; Anil Kumar Bavissetty, Group CEO & Director, IQ Capital; and Molugu Sripal Reddy, C...