New Delhi, April 25 -- India may soon allow foreign companies to own up to 49 per cent in its nuclear power plants, three senior government sources revealed.

This marks a major shift in policy for a sector traditionally under tight state control, as India intensifies efforts to transition from coal to cleaner energy.

The proposal, if approved, could attract global players like Westinghouse Electric, GE-Hitachi, Electricite de France, and Russia's Rosatom. These firms have long expressed interest in India's nuclear energy space, but legal and liability concerns have kept them at bay.

The move comes amid India's goal to expand nuclear power capacity 12-fold to 100 gigawatts by 2047. This would significantly boost its ability to meet risi...