Cameco secures a $2.6 billion, 9-year uranium supply deal with India’s Department of Atomic Energy — delivering 22 million pounds of U3O8 from 2027 to 2035 as India races toward 100 GW of nuclear power by 2047.
India’s Electricity Boom: Why the IEA Forecasts 6.4% Annual Demand Growth and What It Means for Energy Transition Stocks
IEA forecasts India’s electricity demand will grow 6.4% annually through 2030, the fastest of any major economy, driven by 300 GW of renewables, a 24% solar PV CAGR, and the SHANTI bill opening civil nuclear to private investment.