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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.
NITI Aayog convenes stakeholder consultation on implementation of SHANTI Act 2025
NITI Aayog convened a stakeholder consultation on the SHANTI Act 2025, with discussions focusing on legislative and regulatory frameworks for the landmark Act. Financial mechanisms and public perception were also key areas of deliberation.
SHANTI Act: The law ....may've started to show results
The SHANTI Act 2025 explained: India's nuclear power expansion is gaining momentum through new legislation. The SHANTI Act 2025 allows private participation across the civilian nuclear sector. This law replaces older acts and modernizes the nuclear framework for future growth. Australia's uranium exports will also support India's expanding nuclear generation capacity. Manufacturers are preparing to scale up equipment production for rising demand.
NTPC gets into action to develop mega PWR-based nuclear projects
NTPC plans to develop nuclear power capacity using pressurised water reactor technology. Global consultants are invited to prepare tender documents and evaluate bids. This initiative follows the promulgation of the SHANTI Act, allowing private sector participation. NTPC aims to build thirty gigawatts of nuclear capacity on its own. The company is also exploring tie-ups with Rosatom and EDF for PWR projects.
US' Holtec eyes tie-ups with NTPC, Vedanta to build nuclear reactors
US firm Holtec International is planning a significant 15 GW small modular reactor (SMR) project pipeline in India. Advanced talks are underway with NTPC for a fleet-development platform, and discussions with Vedanta Group are exploring SMR-300 deployment for industrial use. This move follows India's SHANTI Act, 2025, which opened doors for private sector participation in nuclear power.
Shanti Gold International commences production at its new expanded manufacturing unit
Shanti Gold International announced the successful completion of its capacity expansion project and the commencement of production at its new Marol, Andheri manufacturing facility, located at Ground to 3rd Floor, Plot No. 1, Compartment No. 5, Concast House, Marol Co-operative Industrial Estate, Vasanji Road, Andheri East, Mumbai - 400059, Maharashtra, with production commencing on June 08, 2026. This marks the successful execution of the expansion announced by the Company on January 22, 2026.
Shanti Educational Initiatives reports consolidated net profit of Rs 0.98 crore in the March 2026 quarter
Sales rise 22.98% to Rs 23.17 crore
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.
India targeting 100 GW nuclear capacity by 2047: BJP MP Shringla on US Executive Nuclear Mission to India
Shringla pointed to the passage of the recent landmark Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025 as the foundation for this rapid expansion.
Inputs sought from private companies for deploying Bharat Small Reactors
Plans for Bharat Small Reactors are moving forward. The SHANTI Act now allows private companies in nuclear energy. NPCIL is consulting with industry partners. They are seeking input on proposals for small reactors. These reactors will provide power for industrial use. The deadline for expressions of interest is March end. This marks a significant step in opening the nuclear sector.
India Inc awaits regulatory clarity on nuclear energy following notification of SHANTI Act
Following the notification of SHANTI Act, India Inc is awaiting decisive government measures to liberalize the nuclear energy sector for private players. Clear regulations are essential for attracting investments, providing potential stakeholders with insights into licensing processes, eligibility criteria, and liability structures.
Shanti Gold International: The earnings outlook is glittering
Capacity expansion, product diversification, and export ambitions strengthen long-term growth prospects