Accelerating India's Nuclear Ambitions: Insights from the SHANTI Act Workshop
Synopsis
Key Takeaways
New Delhi, April 17 (NationPress) The government hosted a workshop aimed at implementing the SHANTI Act of 2025, focusing on elevating India's nuclear capacity to 100 GW to fulfill long-term energy security goals and Net Zero commitments, as stated in an official announcement on Friday.
Gurdeep Singh, Chairman and Managing Director of NTPC, underscored the critical role of nuclear energy in the energy portfolio and stressed the urgency of advancing preparatory tasks like land identification and site assessments to facilitate the prompt establishment of new nuclear facilities.
He also pointed out the necessity for collaborations in both technology and the supply chain.
Highlighting the significance of the SHANTI Act, he remarked that it paves the way for private sector involvement, enabling industries to view nuclear energy as a credible source of clean power.
Singh emphasized the need for the swift formulation of rules and guidelines to ensure expedited progress. He also stressed the importance of maintaining long-term fuel availability, prioritizing safety, and achieving comprehensive energy security objectives.
The Central Electricity Authority (CEA), in collaboration with the Ministry of Power, the Department of Atomic Energy (DAE), and NTPC Limited, organized this high-profile workshop.
Seema Jain, a Member of the Finance Department at DAE, highlighted the importance of financial readiness, establishing robust risk-sharing frameworks, and creating institutional mechanisms to support extensive nuclear deployment.
She called for the nurturing of global technological partnerships and the development of innovative financing strategies to propel the nuclear sector forward, according to the statement from the Ministry of Power.
Ghanshyam Prasad, Chairperson of CEA, reiterated that nuclear power is essential for providing reliable and continuous clean energy to meet India's increasing demand while adhering to international climate obligations.
He emphasized the need for a secure and uninterrupted supply of nuclear fuel through diversified sources and the creation of long-term procurement agreements.
In-depth discussions took place regarding the provisions of the SHANTI Act, 2025, including private sector involvement, the graded liability framework, and aligning the new act with the Electricity Act of 2003.
More than 150 representatives from state and central ministries, regulators, developers, engineering consultancy firms, academic institutions, and industry associations participated in the workshop.