India's Nuclear Sector Opens to Private, Foreign Investment with SHANTI Act
India's Parliament passed the SHANTI Bill 2025, opening the civil nuclear sector to private and foreign investment to achieve 100 GW capacity by 2047. This landmark legislation aims to attract substantial capital, replacing previous restrictive laws. The US has lauded the move as a step towards stronger energy security.
- SHANTI Bill 2025 enables private and foreign participation in nuclear energy.
- India targets 100 GW nuclear capacity by 2047, attracting $226 billion investment.
- The Act repeals Atomic Energy Act 1962 and Civil Liability Act 2010.
- US welcomes SHANTI Bill, citing stronger energy security partnership.
- Revised liability framework removes supplier liability, capping operator responsibility.
- Concerns raised over environmental safeguards and regulatory oversight.
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