+
Cabinet Clears Bill to Open Nuclear Power to Private Firms
POWER & RENEWABLE ENERGY

Cabinet Clears Bill to Open Nuclear Power to Private Firms

The Union Cabinet on Friday approved a Bill aimed at opening India’s tightly regulated civil nuclear power sector to private participation, as the country targets 100 GW of atomic energy capacity by 2047. The decision was taken at a meeting chaired by Prime Minister Narendra Modi.

The Cabinet is learnt to have cleared the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to create a policy and regulatory framework to enable private investment in nuclear power generation while strengthening India’s long-term energy security.

The move follows Finance Minister Nirmala Sitharaman’s announcement in the Union Budget in February, where she outlined plans to open up the nuclear power sector to private players. As part of this push, Sitharaman also unveiled a Nuclear Energy Mission focused on research and development of small modular reactors (SMRs).

The mission carries an outlay of Rs 200 billion and aims to operationalise five indigenously developed SMRs by 2033. These smaller reactors are expected to play a key role in expanding nuclear capacity in a cost-effective and scalable manner, supporting India’s clean energy transition.

The Union Cabinet on Friday approved a Bill aimed at opening India’s tightly regulated civil nuclear power sector to private participation, as the country targets 100 GW of atomic energy capacity by 2047. The decision was taken at a meeting chaired by Prime Minister Narendra Modi. The Cabinet is learnt to have cleared the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which seeks to create a policy and regulatory framework to enable private investment in nuclear power generation while strengthening India’s long-term energy security. The move follows Finance Minister Nirmala Sitharaman’s announcement in the Union Budget in February, where she outlined plans to open up the nuclear power sector to private players. As part of this push, Sitharaman also unveiled a Nuclear Energy Mission focused on research and development of small modular reactors (SMRs). The mission carries an outlay of Rs 200 billion and aims to operationalise five indigenously developed SMRs by 2033. These smaller reactors are expected to play a key role in expanding nuclear capacity in a cost-effective and scalable manner, supporting India’s clean energy transition.

Next Story
Infrastructure Energy

Jyoti Structures expands manufacturing capacity in Nashik

The announcement Jyoti Structures (JSL) reported steady operational performance in 2025, supported by stable project execution across its power transmission portfolio. The company commissioned galvanisation operations at its second Nashik manufacturing unit, adding 33,000 MT of annual capacity. This increased aggregate tower manufacturing capability at Nashik to approximately 69,000 MT per annum, aimed at improving fabrication accuracy, scheduling control and delivery predictability. JSL also expanded its workforce to over 750 employees, onboarding more than 70 engineers during the year. C..

Next Story
Infrastructure Energy

TSPL Mega Health Camp Reaches 338 Residents in Mansa

Talwandi Sabo Power (TSPL), Punjab’s largest and North India’s largest private thermal power plant, organised a Mega Health Camp at Village Raipur, Mansa, under its flagship healthcare initiative Project SEHAT. The camp benefitted 338 community members through free consultations and diagnostic services.A team comprising a General Physician, Gynaecologist, Dermatologist and Dentist provided medical advice and treatment. Beneficiaries received free diagnostic tests including BP, HB, blood sugar, malaria, dengue and blood group tests, along with free medicines.The camp was inaugurated by Vill..

Next Story
Infrastructure Transport

Mumbai Coastal Road Musical Path Plays Jai Ho

Mumbai inaugurated India’s first musical path on the Coastal Road that plays the song Jai Ho for motorists. The civic administration said the installation used Hungarian technology and that the intention was to implement the concept of Sangeet Marg in future projects. A senior official suggested implementing a pilot on the Samruddhi Expressway, which connects Mumbai and Nagpur. City officials described the inauguration as a symbolic demonstration of collaboration between municipal authorities and foreign partners. The inauguration was attended by the Consul General of Hungary Ferenc Jari, f..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App