India Passes the SHANTI Law: Nuclear Power Opens to Private Investors for a Colossal $214 Billion Plan - Economic Scenarios

India passes the SHANTI law: nuclear power opens to private investors for a colossal $214 billion plan - Economic Scenarios

The Indian government has broken a decade-long taboo: it has given the green light to private investment in nuclear power, aiming to reach 100 GW by 2047. This pragmatic move promises to mobilize enormous capital and transform Asia's energy landscape. India has decided to accelerate its energy strategy, and it has done so in a move that marks a clear break with the sector's statist past. Last Friday, the federal government approved a landmark pi…

SHANTI Bill: Know What It Is Which Opens Nuclear Power Sector To Private Participation

The Union Cabinet has approved the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, marking a major policy shift by opening India’s tightly regulated nuclear power sector to private participation. The move is seen as critical for achieving the national target of 100 gigawatt nuclear power capacity by 2047 and supporting long-term energy security. Opening Nuclear Sector to Private Players The SHANTI B…