Union Budget 2025: Government to change N-liability laws to rope in private investment; FM sets goal of 100 GW N-energy By '47

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Times of India 10h ago

Union Budget 2025: Government to change N-liability laws to rope in private investment; FM sets goal of 100 GW N-energy By '47 - Times of India

Quick Summary:

India plans to amend the Atomic Energy Act and the Civil Liability for Nuclear Damage Act to develop 100 GW of nuclear energy by 2047.

This move aims to attract overseas investment and private sector participation, with an allocation of Rs 20,000 crore for small modular reactors.

Almost two decades after India got a waiver by the Nuclear Suppliers Group (NSG) following the India-US nuclear deal, India may see global players in the nuclear energy sector.