New Delhi/Mumbai, Dec. 15 -- The Union government introduced the much-anticipated bill on Monday to open up nuclear power generation to private players, while excluding global suppliers of components and fuel from liability.
The 'Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill, 2025' (SHANTI) permits any company or joint venture to construct, own, operate, or decommission a nuclear power plant or reactor within the country.
Currently, only government-owned companies are permitted to establish nuclear power plants.
Approved by the Union Cabinet on Friday (December 12), the legislation aims to boost investments in the nuclear power sector to help India achieve its ambitious target of 100GW of nuclear ...
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