NTPC Emerges as Second Nuclear Pillar After SHANTI Act; Partners with Holtec, EDF, Rosatom for 30 GW Target by 2047

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.

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.

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.

India-UAE High-Level Task Force: Additional $25B FDI in Ports, Energy, Space; $200B Trade Target by 2032

UAE has signalled an additional $25 billion investment in India, with a long-term objective of $100 billion, across ports, energy, space and financial services. India and UAE also aim to double bilateral trade to $200 billion by 2032. This is a high-yield International Relations + Economy topic for Prelims data and Mains India-UAE relations.

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.

India's LNG Imports Rise 15.4% in May-July as US, Nigeria, Oman Offset Strait of Hormuz Crisis

India successfully diversified its LNG import sources during the Strait of Hormuz crisis, increasing imports by 15.4% in May-July 2026. The US became the top supplier, while imports from Qatar plummeted 91.3%, highlighting India's energy security strategy amid geopolitical turmoil.

World Bank Report: Only 4.5% Jobs in Low-Income Countries Exposed to AI vs 14.2% in Rich Nations

A World Bank report reveals that AI poses a smaller threat to jobs in developing economies like India (4.5% exposure) compared to rich nations (14.2%). However, sectors reliant on outsourcing (call centers, back-office) face job losses. The report advises focusing on small language models (SLMs) for agriculture, education, and healthcare to avoid over-dependence on the US or China.