The SHANTI Bill is an overarching legislation that opens India’s nuclear power sector to private and foreign participation, which was earlier entirely State-controlled and deeply regulated. Under the Bill, private Indian companies can seek licences to own, build, and operate nuclear power plants. The Bill does not explicitly permit foreign direct investment in the nuclear power sector. The law also provides for the establishment of a nuclear liability fund to meet compensation needs in case of nuclear accidents. The Union government will bear liability beyond the operator’s cap, with additional support from the proposed nuclear liability fund.

Source: The Hindu January 06, 2026 06:19 UTC