India’s nuclear reset: SHANTI Bill clears private plants, caps liability, routes foreign participation via Indian entities

With Parliament clearing the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, 2025, the government has put in place a new legal framework that allows private sector participation in nuclear power generation, while retaining state control over strategically sensitive areas of the nuclear value chain. “This effectively means that foreign investors will have to route their participation through a company incorporated under Indian law, as direct entry by overseas entities is not allowed,” said Ashish Suman, Partner at JSA Advocates & Solicitors. Read more