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India Joins an Elite Nuclear Club as Kalpakkam Fast Breeder Reactor Attains Criticality

Milestone: India's indigenously built fast breeder reactor programme is anchored at Kalpakkam, Tamil Nadu.

by Blitz India Media
July 5, 2026
in Energy
0
Kalpakkam Nuclear Complex

Blitz Bureau

NEW DELHI: India has crossed one of the most demanding thresholds in civilian nuclear technology. The 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu, has attained first criticality — the controlled start of a self-sustaining chain reaction — carrying the country into the second stage of the three-stage nuclear programme envisioned by Dr Homi Bhabha.

Once fully operational, India becomes only the second nation after Russia to run a commercial fast breeder reactor. Fast breeders produce more fissile material than they consume, built around a closed fuel cycle that recycles material and cuts long-lived waste.

Kalpakkam nuclear power facility in Tamil Nadu, India

India has crossed a threshold only Russia had reached before — opening the door to a thorium-powered future decades in the making.

At a Glance

• Reactor: 500 MWe PFBR, Kalpakkam
• Milestone: First criticality, April 6, 2026
• Rank: 2nd after Russia with a commercial fast breeder
• Tech: Sodium-cooled, closed fuel cycle; enables thorium

Most consequential is the pathway it unlocks to India’s thorium reserves — among the largest on Earth. The second stage is the essential bridge to a thorium-fuelled third stage that could underwrite the nation’s clean-energy security for generations.

The journey was long: construction began in 2004, and the project navigated years of first-of-a-kind engineering challenges. That perseverance is the story — a scientific establishment that stayed the course and delivered a technology only one other country commands, entirely at home. Focus now shifts to a staged climb to full power.

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New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

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