With the recently passed SHANTI Act 2025, India has opened its civil nuclear sector to commercial engagement, opening the door for increased cooperation with US energy firms and other investors.
In order to address long-standing liability issues that have impeded commercial development under the 2005 India-US civil nuclear accord, the legislation supersedes the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act of 2010.
According to Maria Korsnick, the changes have “opened the way for a new day” in nuclear cooperation between the US and India. She discussed potential in reactor production, supply chains, fuel systems, and workforce development during a joint industry mission organized by the US-India Strategic Partnership Forum and the Nuclear Energy Institute.
Under the Viksit Bharat vision, India wants to increase its nuclear power capacity from 8.8 GW to 100 GW by 2047. With a budget of around Rs 20,000 crore, the government is also promoting Small Modular Reactors (SMRs).
According to officials, the reforms could speed up foreign investment, partnerships in cutting-edge technology, and sustainable energy cooperation between the US and India.
Source – Edexlive
