India seeks private nuclear investment, considers ₹1L cr RDI scheme
SHANTI Act permits limited private participation
These moves are designed not just to attract investment but also help India reach its big decarbonization goals by 2070.
The upcoming SHANTI Act (2025) will let private companies join in areas like running plants and making equipment, but certain sensitive fuel-cycle activities will stay outside private-sector participation, while limited uranium-235 enrichment up to a threshold value is permitted.
India's nuclear capacity could rise from 8.78 GW now to 22.38 GW by 2031-32, and possibly hit 100 GW by 2047 if all goes well.
With the ₹20,000 crore Nuclear Energy Mission, India plans to roll out five homegrown small modular reactors by 2033.
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