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India's Nuclear Laws Revolutionized by SHANTI Act
23 Dec
Summary
- SHANTI Act repeals and replaces the 1962 and 2010 nuclear laws.
- Act expands private and foreign investment in nuclear power.
- This reform strengthens Indo-US clean energy cooperation.
India's energy sector has undergone a significant transformation with the enactment of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act. This landmark legislation, having received presidential assent, represents the most substantial revision to the nation's civil nuclear framework since its inception.
The SHANTI Act effectively supersedes the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act of 2010. Its critical amendments are designed to broaden the scope for private and foreign entities within India's nuclear power industry.
This pivotal reform is expected to invigorate investment and foster deeper bilateral cooperation, particularly bolstering the Indo-US Civil Nuclear Agreement and accelerating clean energy initiatives. The US-India Strategic Partnership Forum (USISPF) has lauded the Act as a historic turning point.
