The SHANTI
Bill, 2025 (Sustainable Harnessing and Advancement of Nuclear Energy for
Transforming India) marks a landmark transition in India's
nuclear energy strategy, dismantling a state monopoly that has lasted over 60
years, by allowing Indian private companies to build, own, and
operate nuclear power plants. By consolidating the fragmented legislation
of 1962 and 2010 into a single, cohesive framework, the Bill provides a roadmap
to achieve 100 GW of nuclear capacity by 2047. While it invites private
investment and international technology to provide a reliable 24/7 baseload for
India’s 2070 net-zero goals, the government maintains a firm grip on critical
"strategic" operations, such as fuel enrichment and waste management.
Our view:
There is a Regulatory overhaul as the bill formally establishes
the Atomic Energy Regulatory Board (AERB) with statutory status, granting
it greater autonomy to set safety standards and enforce inspections across both
power and non-power (healthcare, agriculture) applications.
A dedicated tribunal will be created to resolve sector-specific
disputes, excluding the jurisdiction of civil courts to ensure faster legal
resolutions.
The opening up of the sector to private players provides an
enormous opportunity for Inda to regain the leadership in nuclear technology.
Naturally the AERB will have adequate regulatory powers and show transparency
to supervise this complex sector as well as educate the public against
misinformed campaigns that can become viral. Nuclear offers the best route to
weed out fossil fuel and help the world clean up the energy pipeline. Just
depending on solar etc has its limitations and so technologies like Small
Modular Reactors in the nuclear field are essential in this quest.
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Link : https://www.thehindubusinessline.com/economy/lok-sabha-clears-shanti-bill-ending-decades-of-state-monopoly-over-nuclear-power/article70407831.ece
Link : https://energy.economictimes.indiatimes.com/news/power/unveiling-the-shanti-bill-2025-a-game-changer-in-indias-nuclear-energy-landscape/126028796
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