Historic Bill Opens India's $214 Billion Nuclear Sector to Private Firms

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India's government has approved a landmark bill allowing private companies to invest in its nuclear energy industry, aiming to boost capacity tenfold within two decades.

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Market impact analysis based on bullish sentiment with 70% confidence.

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70%

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India’s government on Friday approved the landmark Atomic Energy Bill, which would allow private companies to invest in its nuclear energy industry for the first time, as the country looks to boost its nuclear power capacity tenfold within two decades. The so-called SHANTI (Sustainable Harnessing of Advancement of Nuclear Energy for Transforming India) bill passed the federal government approval on Friday. Later this month, the bill is expected to be submitted to Parliament for discussion and vote in the winter session. …

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