The Government of India has proposed the Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, opening the nuclear energy sector to private investment for the first time. The bill will being debated in Parliament. The opposition Congress party is expected to back the move, having supported...
India, France, Partner on Small Modular Nuclear Reactors
India and France have announced plans to collaborate on developing small modular nuclear reactors (SMRs) following Prime Minister Narendra Modi's visit to France. This initiative marks a shift in India's nuclear energy policy and international partnerships. During their meeting, Modi and French President Emmanuel Macron emphasized nuclear energy's crucial role...
Indian Government To Support Small Modular Nuclear Reactors
India's Minister for Finance, Nirmala Sitharaman, has announced ambitious plans for nuclear energy development in the 2024-25 Federal Budget, signaling a major shift in the country's energy strategy. The government intends to collaborate with the private sector to research, develop, and deploy Small Modular Reactors (SMRs), in nuclear power generation....
India to Allow Foreign Investment in Its Nuclear Power
As part of a push for cleaner energy, India's Federal Government is planning permit foreign investment in its civil nuclear power industry, and also allow greater participation by domestic private firms. These measures were recommended by a government panel, set up by think-tank Niti Aayog which is headed by Prime...