Archive · 25 Sep 2025
India to Establish Nuclear Liability Fund for Investment
India is setting up a fund to help pay for nuclear accidents beyond a certain limit.
The fund aims to attract more companies, especially from other countries, to invest in building nuclear power plants in India.
The government hopes this will make it easier to get companies involved and provide clear rules for compensation if something goes wrong.
The new plan will replace older laws and make India's rules similar to global standards.
India plans a nuclear liability fund to cover accident costs beyond ₹15 billion ($169 million).
The fund aims to ease risk-sharing concerns for investors.
The move seeks to unlock private and foreign investment in nuclear energy.
A new atomic energy bill proposes the fund.
The bill will replace the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act of 2010.
- Who
- India's government
- What
- Planning a nuclear liability fund
- When
- Expected to be introduced in December
- Where
- India
- Why
- To attract investment and ease risk concerns
- Fund Name
- Nuclear Liability Fund
- Fund Purpose
- Cover accident compensation exceeding operator's liability
- Operator Liability Cap
- ₹15 billion ($169 million)
- Current System
- Ad hoc payout system
- Target Investment
- Private and foreign investment in nuclear industry
- Expected Legislation
- New atomic energy bill
- Existing Acts to be Replaced
- Atomic Energy Act of 1962 & Civil Liability for Nuclear Damage Act of 2010