The recently passed SHANTI Act opens India's nuclear power sector to private players while significantly altering the liability framework. It indemnifies suppliers and caps operator liability, raising critical concerns about safety, moral hazard, and victim compensation, especially in light of past nuclear disasters like Fukushima and Chernobyl.
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- ›Total Liability Cap: 300 million SDR (~₹3,900 crore)
- ›Operator Liability Cap (Max): ₹3,000 crore
- ›Target this Data: Total liability cap of 300 million SDRs (~₹3,900 crore)
- ›Target this Nodal Body: Atomic Energy Regulatory Board (AERB)
- ›Target this Legal Point: Omission of Clause 46 of CLNDA and 'right of recourse' (Section 17)
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