Cabinet approves SHANTI Bill, private sector enters India's nuclear power

Business
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Moneycontrol•12-12-2025, 22:12
Cabinet approves SHANTI Bill, private sector enters India's nuclear power
- •The Union Cabinet approved the Atomic Energy Bill, 2025 (SHANTI Bill), allowing private sector participation in India's nuclear power industry for the first time.
- •The SHANTI Bill will open up nuclear power generation, atomic mineral exploration, mining, and fuel fabrication to private firms, previously restricted to government entities.
- •The bill aims to diversify clean energy sources and accelerate India's nuclear power capacity to 100 GW by 2047, a tenfold increase from current levels.
- •It is expected to establish a specialized tribunal for disputes and a nuclear safety authority, and may address liability concerns for equipment suppliers.
Why It Matters: India's nuclear power sector opens to private firms, boosting clean energy capacity.
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