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India Announces INR 26.75 Trillion in Investments This Fiscal Year, with INR 6.5 Trillion Planned for Nuclear Power

According to a report released by the Economic Research Department of India's Bank of Baroda, total announced investments in India reached INR 26.75 trillion between April 1 and August 5 of the 2026-2027 fiscal year. Amid persistent uncertainties in the global economic landscape, Information Technology-enabled Services (ITeS) emerged as the dominant investment destination, accounting for 56% of total proposed investments. The report stated that the ITeS sector announced investments of INR 14.98 trillion, with nearly 99% concentrated in data centers and artificial intelligence, involving 13 companies. This indicates that digital infrastructure and AI-related industries remain a strategic focus for Indian enterprises and capital allocation. By sector, investment announcements remain highly...

2026-08-10

South Korea to Launch Hearings on 12th Power Supply and Demand Plan, New Nuclear Projects Under Review

South Korea's Ministry of Climate, Energy and Environment stated on August 4 that the government will advance procedures for the 12th Basic Plan for Power Supply and Demand, with the issue of new nuclear power plants to be included in public discussion and subsequent review. Kim Sung-hwan, Minister of Climate, Energy and Environment of South Korea (Photo source: Yonhap) South Korea's Climate Change Minister Kim Sung-hwan stated that the format and number of sessions for the public hearings on the 12th Basic Plan for Power Supply and Demand will be finalized this week, with plans to accelerate related procedures starting next week. Under the current schedule, the government intends to form a planning proposal in September or October and submit it for review through established procedures after completing public consultation. Regarding the issue of new nuclear power plants, Kim Sung-hwan stated...

2026-08-05

Masayoshi Son: Nuclear Fusion Could Become Key to Powering Future AI Data Centers

SoftBank Group founder Masayoshi Son said at the SoftBank World annual event in Tokyo on July 14 that as electricity demand from AI data centers continues to rise, nuclear fusion technology is expected to become one of the most realistic power solutions in the near future. Son believes that most of the current electricity demand from data centers will still be met by natural gas, but this landscape could change over the next 15 years. He predicted that by 2040, global data center capacity demand will reach 3 terawatts, with nuclear fusion playing a significant role. He said at the event that fusion will become a major source of a cheaper, cleaner, and safer new form of energy on Earth, and asked rhetorically: Now...

2026-07-15