SHANTI BILL 2025 approved: Private participation in nuclear sector

India
C
CNBC Awaaz•12-12-2025, 15:36
SHANTI BILL 2025 approved: Private participation in nuclear sector
- •Cabinet approved the "SHANTI BILL 2025" for the nuclear sector, aiming for 100 GW nuclear power capacity by 2047.
- •The bill, fully named Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, will open the nuclear energy sector to private participation.
- •It will provide a single legal framework for India's nuclear energy sector, previously controlled by the Department of Atomic Energy.
- •The Cabinet also approved the "Securities Market Code Bill 2025" to simplify the financial market structure, replacing three separate bills.
- •A proposal for conducting a census also received cabinet approval.
Why It Matters: SHANTI BILL 2025 opens India's nuclear sector to private players, targeting 100 GW by 2047.
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