Atomic Energy Commission Approves FDI Policy for Nuclear Power; Targets 100 GW by 2047 with ₹20 Lakh Crore Investment

SHANTI Act Draft Rules Released: DAE Meets EDF for EPR Reactors, Targets 100 GWe Nuclear Capacity by 2047

India is opening its civil nuclear sector to private players under the SHANTI Act. DAE recently released draft rules for private participation and foreign reactor tech. A key meeting with French state-owned EDF discussed deploying EPR reactors and localising supply chains to meet the ambitious 100 GWe nuclear capacity target by 2047.

SHANTI Act Draft Rules Released: India Opens Nuclear Sector to Private Firms, Targets 100 GW by 2047

India has released draft rules for the SHANTI Act, opening the civil nuclear sector to private companies for the first time. The U.S. nuclear industry is preparing submissions by September 4. This is a major step towards India's target of 100 GW nuclear power by 2047 and development of indigenous Small Modular Reactors.

Private Players Seek Green Energy Status for Nuclear Power; 100 GWe, $228 Bn Target by 2047

Private players are pushing for nuclear power to be classified as 'green energy' to unlock green bonds, green loans, and blended finance. NITI Aayog is reviewing existing green finance frameworks (MoF, RBI, SEBI) to include nuclear energy. India targets 100 GWe nuclear capacity by 2047, requiring $228 billion investment.

₹1.27 Lakh Crore Semicon 2.0 Launched: India Targets Domestic Chip Design, 1 Lakh More Engineers

Prime Minister Modi inaugurated Semicon India 2026, highlighting India's progress in semiconductor manufacturing. The government launched Semicon 2.0 with ₹1.27 lakh crore outlay, shifting focus to domestic chip design, talent development, and supply chain localisation. This is critical for national security and tech self-reliance.

Kudankulam Nuclear Reactor Costs Surge 55%: Impact on India's Nuclear Expansion Plans

Cost of four under-construction nuclear reactors at Kudankulam has risen by 55% to ₹1,38,330 crore, driven by Russia-Ukraine war. This poses a challenge to India's ambitious nuclear expansion plans and could increase electricity tariffs, especially as the government opens the sector to private participation.

India Targets 100 GW Nuclear Capacity by 2047, 5 New Reactors This Decade for AI & Chip Demand

PM Modi announced a target of 100 GW nuclear power by 2047 and 5 new reactors this decade, driven by soaring electricity demand from AI, semiconductors, and data centres. The SHANTI Act and draft rules now enable private participation, with a focus on small modular reactors (SMRs) for faster deployment and grid flexibility.

₹1.27 Lakh Crore Semicon 2.0 Notified: Boosts Domestic Chip Design, Manufacturing, and R&D

The government notified the operational framework for Semicon 2.0, a ₹1.27 lakh crore program to boost domestic chip design, manufacturing, and supply chain. It includes six pillars, with incentives for chip design, fabrication plants, packaging, and R&D. This is critical for India's semiconductor ecosystem and self-reliance.

NPCIL Plans New Design Vertical for Private Players Under SHANTI Act; PHWR Cost at Rs 18 Cr/MWe

India's nuclear sector opens to private participation under the SHANTI Act 2025. NPCIL plans a new design vertical to provide PHWR technology support to private players and state governments. With current capacity at 8.7 GWe and a target of 100 GWe by 2047, PHWRs at Rs 18 crore/MWe are the most cost-effective option compared to foreign reactors.