NITI Aayog Convenes Stakeholder Consultation On SHANTI Act 2025
ECONOMY & POLICY

NITI Aayog Convenes Stakeholder Consultation On SHANTI Act 2025

NITI Aayog (National Institution for Transforming India) convened a stakeholder consultation in New Delhi to discuss implementation of the SHANTI Act 2025. The meeting focused on developing a legislative and regulatory framework, strengthening finance and insurance arrangements and addressing public perception challenges. Officials and participants outlined priorities for manufacturing capabilities, operational readiness and capacity building.

Deliberations on the legislative and regulatory framework examined draft rules, related regulations and foreign direct investment policy provisions, while the opening technical segment presented statutory compliance mechanisms under the Act. Stakeholders reviewed the need for clarity in rulemaking to ensure timely approvals and predictable compliance pathways. The session identified regulatory milestones and recommended mechanisms for interagency coordination.

Financial discussions centred on mobilisation of capital, design of risk mitigation frameworks and appropriate insurance arrangements for long-term projects to support sustained investment. Participants assessed models for public and private financing and measures to crowd in institutional investors. The consultation also explored fiscal instruments and guarantees to reduce project risk.

The meeting emphasised strategies to strengthen public awareness, community trust and broader acceptance of nuclear energy projects, underlining the importance of transparent communication and stakeholder engagement. Supply chain resilience and industrial scaling were highlighted as critical to manufacturing readiness, with calls for targeted capacity building and skill development programmes. These measures were presented as essential to create a competent human resource base for implementation and ongoing oversight.

NITI Aayog said the three pillars of regulation, finance and manufacturing are vital to the Act's successful rollout and implementation. The consultation brought together leaders, policymakers and experts from government, research institutions and industry to deliberate on the operational framework.

NITI Aayog (National Institution for Transforming India) convened a stakeholder consultation in New Delhi to discuss implementation of the SHANTI Act 2025. The meeting focused on developing a legislative and regulatory framework, strengthening finance and insurance arrangements and addressing public perception challenges. Officials and participants outlined priorities for manufacturing capabilities, operational readiness and capacity building. Deliberations on the legislative and regulatory framework examined draft rules, related regulations and foreign direct investment policy provisions, while the opening technical segment presented statutory compliance mechanisms under the Act. Stakeholders reviewed the need for clarity in rulemaking to ensure timely approvals and predictable compliance pathways. The session identified regulatory milestones and recommended mechanisms for interagency coordination. Financial discussions centred on mobilisation of capital, design of risk mitigation frameworks and appropriate insurance arrangements for long-term projects to support sustained investment. Participants assessed models for public and private financing and measures to crowd in institutional investors. The consultation also explored fiscal instruments and guarantees to reduce project risk. The meeting emphasised strategies to strengthen public awareness, community trust and broader acceptance of nuclear energy projects, underlining the importance of transparent communication and stakeholder engagement. Supply chain resilience and industrial scaling were highlighted as critical to manufacturing readiness, with calls for targeted capacity building and skill development programmes. These measures were presented as essential to create a competent human resource base for implementation and ongoing oversight. NITI Aayog said the three pillars of regulation, finance and manufacturing are vital to the Act's successful rollout and implementation. The consultation brought together leaders, policymakers and experts from government, research institutions and industry to deliberate on the operational framework.

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement