India has opened its nuclear-power sector to private investors under the SHANTI Act, passed December 2025, ending the state monopoly created by the 1962 Atomic Energy Act. The government aims to mobilize about $210bn and raise nuclear capacity to 100 GW by 2047 from roughly 9 GW today — implying ~90 GW of new capacity and roughly a tenfold acceleration in deployment over 22 years. The law allows private firms to build, own, operate and decommission nuclear plants and permits foreign participatio

2026-07-06

India has opened its nuclear-power sector to private investors under the SHANTI Act, passed December 2025, ending the state monopoly created by the 1962 Atomic Energy Act. The government aims to mobilize about $210bn and raise nuclear capacity to 100 GW by 2047 from roughly 9 GW today — implying ~90 GW of new capacity and roughly a tenfold acceleration in deployment over 22 years. The law allows private firms to build, own, operate and decommission nuclear plants and permits foreign participation via joint ventures; private players may engage across generation, engineering, manufacturing, O&M and structured finance. The state will retain control over strategic activities including uranium and thorium mining, heavy-water production, spent-fuel reprocessing and radioactive-waste management. Consultant YCP cautions that legal reform alone does not guarantee investment: tariff mechanisms, financing arrangements, supply-chain readiness, regulatory rules, insurance and public acceptance remain unresolved.