US EditionIndia’s Parliament approves bill to open civil nuclear power sector to private firms
The SHANTI Bill enables private firms to build and operate nuclear plants, aiming for 100 GW capacity by 2047, with liability capped at $460 million, lawmakers said.
- On Wednesday , the Lok Sabha approved the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025, sending it to the Rajya Sabha before presidential assent.
- The government argues the changes are needed because the Bill repeals the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010 to unlock private investment and reach 100 GW by 2047.
- Legislative changes in the Bill include removing statutory supplier liability, capping maximum liability at 300 million Special Drawing Rights, and empowering the Atomic Energy Regulatory Board with inspection and fine authority.
- Parliamentary debate escalated as Opposition MPs demanded referral to a Joint Parliamentary Committee and staged walkouts, but government ministers defended the Bill and pushed it through by voice vote.
- The government also pledges financial backstops, covering compensation beyond the Rs 3,000 crore maximum liability, as Tata Power, Adani Power, Reliance Industries and global firms signal interest.
40 Articles
40 Articles
Adani Plans Nuclear Energy Foray as India Allows Private Firms
(Bloomberg) — Gautam Adani’s conglomerate is in talks with a northern Indian state to build a commercial nuclear energy project, giving the billionaire a head start in a sector India is opening up to private firms, people aware of the development said.
SHANTI: Explaining The Bill Behind India's Big Civil Nuclear Energy Push
The government passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India bill, or SHANTI for an administration that loves acronyms in Parliament's winter session, which concluded Friday.
India opens nuclear energy to private sector
India is opening up its nuclear energy industry to the private sector, echoing a global shift toward atomic power.The bill, approved by the Indian parliament Thursday, is poised to unlock a new source for the country’s energy mix: Nuclear provides just 3% of India’s electricity, and until now has been state-controlled. After decades of underinvestment, more countries are embracing nuclear in part due to ballooning demand for energy to power AI d…
Parliament passes SHANTI Bill, PM Modi calls it 'transformational moment for India's technology landscape'
Parliament on Thursday passed a crucial bill aimed at increasing the share of nuclear energy in India's overall energy mix, boosting innovation in nuclear science and technology and granting statutory status to the Atomic Energy Regulatory Board. The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025 (SHANTI Bill) was approved by the Rajya Sabha a day after it cleared the Lok Sabha. Replying to the debate,…
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