Cabinet clears SHANTI bill to open nuclear power to pvt sector
The Union Cabinet has greenlit a bill to open India's nuclear power sector to private players, a move crucial for achieving 100 GW nuclear capacity by 2047. The SHANTI Bill proposes changes to civil liability laws, caps supplier liability, and allows up to 49% foreign direct investment. This aims to boost domestic energy production and meet net-zero targets.
The Union Cabinet has greenlit a bill to open India's nuclear power sector to private players, a move crucial for achieving 100 GW nuclear capacity by 2047. The SHANTI Bill proposes changes to civil liability laws, caps supplier liability, and allows up to 49% foreign direct investment. This aims to boost domestic energy production and meet net-zero targets.
