Cabinet approves SHANTI Bill, opening India's nuclear sector to private firms

• Cabinet approved the SHANTI Bill (Atomic Energy Bill, 2025), opening India's nuclear sector to private participation.
• The bill allows private and global companies in areas like atomic mineral exploration, fuel fabrication, and equipment manufacturing, while strategic operations remain state-controlled.
• A redesigned nuclear liability framework aims to boost investor confidence with clearer responsibilities, insurance-backed caps, and government support.
• The legislation proposes an independent nuclear safety authority and a dedicated tribunal for dispute resolution to enhance oversight and transparency.
• Private participation is crucial for India to achieve its target of 100 GW nuclear power by 2047, supporting long-term clean energy goals.

Why It Matters: India's SHANTI Bill opens nuclear sector to private players, accelerating energy goals.