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April 1, 2026

Does SHANTI Act open door to private sector in nuclear power?


Will a state of shanti (“calm” in Hindi) encourage private sector participation in India’s nuclear power sector? India’s parliament recently enacted the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India, 2025, bill (SHANTI Act), which among other things permits private companies to obtain licences for the construction and operation of a nuclear power plant (NPP) and the transportation of nuclear fuel within India. But does the SHANTI Act provide a sufficient legal and commercial framework to attract meaningful private sector participation? Click here to read the full article and learn more.