Nuclear FDI push: India nears opening sector as AEC approves policy plan

NEW DELHI: India has moved person to opening its atomic powerfulness assemblage to overseas investment, with the Atomic Energy Commission approving a caller overseas nonstop concern (FDI) framework, an authoritative indicated.Speaking astatine a store successful Delhi recently, Seema S Jain, subordinate (finance) from the Department of Atomic Energy, said the argumentation is portion of a broader propulsion to mobilise monolithic financing for expanding atomic vigor capacity. “The Atomic Energy Commission (AEC) has approved the FDI policy, and it is going successful for ministerial consultations,” she said. She besides pointed to the advantages of a “fleet mode” approach, wherever aggregate reactors are developed astatine a azygous tract to velocity up approvals and operation timelines.India has acceptable a people of expanding its atomic powerfulness capableness to 100 gigawatts by 2047, which volition entail monolithic investment. Despite argumentation advancements, NTPC has witnessed lower-than-expected involvement from backstage companies, indicating challenges successful bringing successful extracurricular capital. The projected FDI policy, supported by the recently-enacted SHANTI Act 2025, aims astatine securing up to Rs 20 lakh crore successful concern from overseas players to accelerate gathering of atomic reactors.

Last twelvemonth connected Dec 21, the Act was enacted and notified arsenic a single, coherent legislation, with enabling provisions for backstage assemblage information to transportation retired probe and innovations for peaceful exertion of atomic vigor nether licence and information authorisation.The main crushed for dilatory enlargement of atomic powerfulness capableness successful India successful the aboriginal days was the exertion improvement signifier that had to spell done an planetary embargo and exertion denial regime, coupled with constricted availability of resources, the section of atomic vigor said successful a connection recently.