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NITI Aayog begins consultations on implementing SHANTI Act
NITI Aayog convened a consultation on the SHANTI Act, 2025, allowing private nuclear energy plant ownership. Discussions focused on draft rules, regulations, and FDI policy provisions for the new law. Stakeholders examined financial mechanisms and risk mitigation frameworks for project support. The Act aims to modernize nuclear laws and boost clean energy transition. It also strengthens regulatory oversight and domestic manufacturing capabilities for nuclear projects.
Industry wants to build nuclear reactors in India, possible with SHANTI Act: US delegate
The SHANTI Act of 2025 has significantly boosted opportunities for US commercial nuclear companies to collaborate with India. A high-level US delegation, including NEI's CEO Maria Korsnick, met with Indian ministers to discuss expanding clean energy cooperation. Korsnick highlighted the US's advanced reactor technologies and expressed readiness to partner with India based on its specific needs.