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Trump floats idea of U.S. owning Ukrainian power plants as he pushes cease-fire

Mint Mumbai

|

March 21, 2025

President Trump raised the possibility that the U.S. would acquire Ukrainian power plants, including nuclear facilities, calling it the "best protection for that infrastructure," as the White House tries to jumpstart talks to halt the Ukraine-Russia war.

- Alan Cullison, Ian Lovett & Alexander Osipovich

Trump floats idea of U.S. owning Ukrainian power plants as he pushes cease-fire

Trump's proposal during a phone call Wednesday with Ukrainian President Volodymyr Zelensky is a new twist in peace efforts, which included a still-unsigned deal that would give the U.S. rights to hundreds of billions of dollars of rare-earth minerals.

Trump is working to broker a wider peace deal between Moscow and Kyiv, both of which this week agreed to a partial cease-fire aimed at protecting their energy infrastructure.

That got off to a rough start, however, as Russia and Ukraine traded allegations that each side had attacked energy and oil facilities overnight, just hours after Russian President Vladimir Putin agreed to a 30-day pause in attacks on energy infrastructure in his own call with Trump.

Zelensky also agreed to the partial cease-fire against power and energy facilities, the White House said. According to an administration statement on the call, the two leaders discussed "Ukraine's electrical supply and nuclear power plants." "The United States could be very helpful in running those plants with its electricity and utility expertise. American ownership of those plants would be the best protection for that infrastructure and support for Ukrainian energy infrastructure," the statement said.

Zelensky said Wednesday that the discussion of potential investment into power facilities with Trump related to the Zaporizhzhia nuclear plant, which is idled in Russian-occupied territory.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

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Mint Mumbai

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India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

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Mint Mumbai

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EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

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Mint Mumbai

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Candidates using AI? No, thanks, say IIT recruiters

As the annual placement season dawns at the Indian Institutes of Technology (IITs), colleges and recruiters are working to bar artificial intelligence (AI) tools and prevent cheating at test venues, a concern that first rose last year.

time to read

3 mins

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Mint Mumbai

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Taxpayer base soars, but return filings lag sharply: CBDT data

India’s income tax base is growing faster than the number of those conscientiously filing returns, driven by the expanding reach of the tax deducted at source (TDS) system, according to latest data from the central board of direct taxes (CBDT).

time to read

3 mins

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Mint Mumbai

Mint Mumbai

Market nears peak on dollar tailwind

Stocks jump 1.2%, but futures rollovers signal weak conviction

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3 mins

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Mint Mumbai

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SP Eyes Tata exit to cut debt costs

Debt-laden Shapoorji Pallonji Group is banking on Tata Trusts softening the stance on its potential exit from Tata Sons to reduce its borrowing costs, two people aware of the matter said.

time to read

2 mins

November 27, 2025

Mint Mumbai

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MO Alternates launches its maiden private credit fund

The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions

time to read

3 mins

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Mint Mumbai

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HP to cut jobs after profit outlook miss

HP Inc.gave a profit outlook for current year that fell short of estimates and the company said it will cut 4,000 to 6,000 employees through fiscal 2028 by using more AI tools

time to read

1 mins

November 27, 2025

Mint Mumbai

Apple set to regain top smartphone maker spot after 14 yrs

Apple Inc.will retake its crown as the world’s largest smartphone maker for the first time in more than a decade, lifted by the successful debut of a new iPhone series and a rush of consumers upgrading devices, according to Counterpoint Research.

time to read

1 min

November 27, 2025

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