India to Allow 49% Foreign Stake Investment in Nuclear Power
India is considering allowing foreign companies to take up to a 49% stake in its nuclear power plants a major policy shift for one of the country’s most protected sectors.
This initiative is part of a larger strategy to boost clean energy production, lessen dependence on coal, and achieve ambitious carbon emission reduction goals. To support this move, the government is working on amending key nuclear legislations, with the objective of opening the sector to both foreign investors and domestic private firms by the monsoon session of Parliament in July 2025.
Summary/Static | Details |
Why in the news? | India to Allow Foreign Investment in Nuclear Power |
Policy Proposal | 49% foreign stake allowed in nuclear power projects |
Legal Changes | Amendments to Civil Liability for Nuclear Damage Act and Atomic Energy Act |
Approval Requirement | Prior government approval (not automatic) |
Timeline | Union Cabinet soon; Parliament Monsoon Session 2025 |
Nuclear Capacity Target | Expand from 8 GW to 100 GW by 2047 |
Interested Foreign Companies | Westinghouse Electric, GE-Hitachi, EDF, Rosatom |
Interested Indian Companies | Reliance Industries, Tata Power, Adani Power, Vedanta |
Investment Estimation | ~$26 billion by Indian conglomerates |
Risk Barrier | Nuclear liability concerns from foreign players |
Clean Energy Strategy | Reduce coal reliance; supplement solar and wind with nuclear |
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