India to open nuclear energy to private players with new draft laws
India is considering major amendments to the Atomic Energy Act, 1962, which could allow private sector participation in nuclear power generation for the first time. The move aims to support the country’s target of reaching 100 GW of atomic energy capacity by 2047, up from the current 8 GW. Two key changes are proposed. First, the financial liability of equipment suppliers in case of a nuclear accident would be capped, addressing a long-standing concern that…