private sector nuclear power

  • India

    India's SHANTI Bill: Transforming Nuclear Energy Sector with Private Participation and 100GW Vision by 2047

    Dec 12, 2025 11:16 pm CST

    The groundbreaking SHANTI Bill (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) represents India's most significant nuclear energy reform in 60 years. Approved by Prime Minister Modi's cabinet, the legislation ends the government monopoly, enables private sector participation, and establishes a framework to achieve 100GW nuclear capacity by 2047. This strategic initiative aims to strengthen energy security, support climate goals, and create economic opportunities while modernizing the regulatory environment for safe, reliable nuclear power expansion.