9 months ago

India's Shanti Bill Aims to Boost Nuclear Energy

India's Shanti Bill Aims to Boost Nuclear Energy
India Nuclear Energy Roadmap Boosted by Shanti Bill: Experts Debate FDI Cap, SMR Funding, and GST Parity for Sector Reform · CNBC TV 18

India has introduced a new law called the Shanti Bill to improve its nuclear energy sector and attract more foreign investment.

This law replaces old rules and aims to make nuclear power a big part of India's clean energy plans.

It sets rules for who can build nuclear plants and how much they can invest.

The law also changes who is responsible if something goes wrong, making it clearer and more in line with global standards.

There are debates about how much foreign companies can invest and how taxes should be applied to nuclear energy compared to other clean energy sources.

Some worker groups are planning a strike because they have concerns about safety and responsibility.

The law also includes new rules about patents for nuclear technology, which could help Indian companies get involved in this field.

Key facts

Bill Name
Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act
FDI Cap
49%
GST for Nuclear
18%
GST for Renewables
8.9%
Strike Date
February 12, 2026
Strike Ratification Date
January 9, 2026
Strike Location
HKS Bhawan, national capital
Resistance Day
January 16, 2026
Nuclear Power Ambition
100 GW by 2047
Liability Ceiling
300 million SDR (Special Drawing Rights)

Timeline

  1. India opens nuclear sector to private investment.

  2. Then, SHANTI Bill approved.

  3. President signs off on bill.

  4. Bill introduced to boost nuclear energy, attract foreign investment.

  5. India's nuclear sector set for private, global boost.

Quotes

Amit Kapur

Partner at JSA, Advocates & Solicitors

“Evidently, the fixing of tariff for nuclear power plants is squarely within the domain of DAE, unless DAE elects to delegate that power to AERB by Rules to be notified. From the perspective of private investors, this may be a problem of perception for robustness of tariff determination mechanism and for components of tariff.”
businesstoday.in
“At the very least, the principles of Section 61 of the Electricity Act, 2003 ought to have been extended to provide for a balance between affordability for consumer and viability for investors, as also promoting safety and efficiency.”
businesstoday.in

Adani Energy Solution Limited

Energy company

“Since investment is made by the developer, including associated risk. Hence, users should have freedom on the use of or right on electricity without any need of DAE to determine tariff.”
businesstoday.in

Aditya Birla Renewables

Energy company

“Post our captive consumption, we will sell the surplus power (if any) through Power Exchange, given that in an Exchange, tariff is determined through price discovery mechanism, what role the DAE would play?”
businesstoday.in

Sources

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