India Opens Nuclear Energy Sector to Private Operators with Limited Liability
Aspect | Details |
---|---|
Policy Shift | Indian government plans to allow private sector operators in the nuclear energy sector. |
Liability Limitation | Proposes to limit liability for private operators to attract investments and partnerships. |
Legal Adjustments | Possible amendments to the Civil Liability for Nuclear Damage Act, 2010 (CLND Act). |
Private Participation | First-time allowance for private companies to operate nuclear power plants in India. |
U.S. Involvement | U.S. permits its firms to manufacture nuclear equipment and perform design work in India. |
Indo-U.S. Nuclear Deal | Reflects deepening Indo-U.S. civil nuclear cooperation since the 2008 agreement. |
Energy Security | Aims to enhance energy security by boosting clean and base-load energy. |
Nuclear Capacity Goal | India targets increasing nuclear power capacity to 22 GW by 2031. |
Current Nuclear Scenario | India has 22 operational nuclear reactors, all state-owned by NPCIL. |
Electricity Contribution | Nuclear power contributes around 3% of India's electricity mix. |