India's SHANTI Bill 2025 greenlights private nuclear power, limits supplier liability.

India
M
Moneycontrol•16-12-2025, 10:43
India's SHANTI Bill 2025 greenlights private nuclear power, limits supplier liability.
- •The new SHANTI Bill 2025 opens India's nuclear power sector to private investment and shields global suppliers from liability.
- •The legislation allows eligible companies and joint ventures to construct, own, operate, and decommission nuclear power plants.
- •This marks a major shift from the previous framework where only state-owned entities could operate nuclear facilities.
- •The bill aims to attract private investment to help India achieve 100 GW nuclear power capacity by 2047.
- •It establishes a civil liability regime where operators are solely liable for nuclear damage, with exemptions for exceptional events like natural disasters or acts of terrorism.
Why It Matters: India's SHANTI Bill enables private nuclear power, attracting investment and shielding suppliers.
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