3 weeks ago

India Opens Its Nuclear Power Sector to Private Participation

India Opens Its Nuclear Power Sector to Private Participation
Why India Had To Open Its Nuclear Power Sector · freepressjournal.in

India has decided to let private companies help build and run its nuclear power plants.

For a very long time, only the government was allowed to operate nuclear power in India.

The country's nuclear energy program has grown very slowly, and nuclear power produces only a small part of India's electricity.

The government passed a new law called the SHANTI Act to change this.

The law lets private companies take part in areas that are not related to national secrets.

The government will still keep control over the most important and sensitive parts.

It also gives the safety watchdog, the Atomic Energy Regulatory Board, a stronger legal role for the first time.

Big Indian companies like Tata, Reliance, Adani and Jindal have said they want to join.

The change is meant to help India reach its big clean energy goals in the future.

Key facts

Installed nuclear capacity
~8 GW
Nuclear share of electricity mix
2-3%
Reassessed capacity target
22.5 GW by 2032 (reduced from 60 GW)
New capacity target
100 GW by 2047
2015 reform
Allowed public sector undertakings like NTPC to participate in nuclear projects
AERB status
Established 1983; given statutory footing by the SHANTI Act
Private licensing rules
Still at drafting stage; not yet notified, so no private applications accepted
Corporate interest
Adani, Tata, Reliance and Jindal signaled intent to enter nuclear operations

Sources

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