New Delhi, March 30 -- Nearly two decades after its signing, the India-US civil nuclear deal has taken a major step forward.

According to The Indian Express, the United States has granted Holtec International regulatory approval to design and build nuclear reactors in India.

The US Department of Energy (DoE) cleared the deal on March 26, marking the first step in unlocking the commercial potential of the 2008 agreement between the two nations.

Approval details and restrictions

Holtec has been authorised to share its Small Modular Reactor (SMR) technology with three Indian firms-Holtec Asia, Larsen & Toubro Ltd, and Tata Consulting Engineers Ltd-under the restrictive US regulation "10CFR810".

The approval is valid for ten years, with ...