SHANTI Bill 2025: India to Open Nuclear Power to Private Firms

• The SHANTI Bill, 2025 aims to open India's civil nuclear power sector to private firms, moving away from the state-dominated model.
• This reform seeks to attract private capital and accelerate nuclear capacity expansion to meet the 100 GW target by 2047, as state funding alone is insufficient.
• The Bill also intends to reform India's nuclear liability regime to make the sector more attractive for investment, including potential foreign capital up to 49%.
• It promotes the deployment of Small Modular Reactors (SMRs) for faster, more flexible nuclear power generation.
• Potential beneficiaries include Indian heavy industry, global reactor vendors, and the government, by diversifying funding and achieving clean energy goals.

Why It Matters: India's SHANTI Bill allows private firms in nuclear power, accelerating energy goals.