New Delhi, Dec 19 (NationPress) India has embarked on a bold and determined journey into the clean-energy arena with the recent approval of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India bill (SHANTI Bill) by both houses of Parliament, stated Pralhad Joshi, Union Minister for New and Renewable Energy, on Friday.

The minister emphasized that this initiative marks a significant transformation in the nation's energy and technology landscape.

"India is crafting a bold clean-energy strategy with the SHANTI Bill, indicating a clear shift in our energy and technology framework," Joshi expressed on the X social media platform.

"By establishing a comprehensive, modern regulatory structure and facilitating private involvement in nuclear energy, the Bill enhances our long-term energy resilience and security," he added.

Describing the bill as a transformative force for various sectors, he mentioned that it guarantees stable, clean energy for industries that are energy-intensive and prepared for the future, fosters advanced manufacturing and emerging technologies such as AI, and accelerates the deployment of clean energy—unlocking fresh avenues for industry, investment, and a skilled workforce while strengthening India’s sustainable development and global competitiveness.

The SHANTI Bill, 2025, which has successfully passed through both the Lok Sabha and the Rajya Sabha, aims to achieve self-sufficiency in the nuclear sector and fulfill India’s clean energy objectives by 2047.

This proposed legislation seeks to establish an environment conducive to clean, dependable energy while upholding the enduring commitment to the peaceful application of atomic energy.

It also reflects India’s dedication to adhering to global best practices in nuclear governance.

The Bill permits responsible participation from private entities and joint ventures to address resource limitations, reduce gestation periods, and support the national goal of achieving 100 GW of nuclear capacity by 2047, without compromising national security or public welfare.

This legislation consolidates and streamlines provisions from the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage (CLND) Act, while now granting statutory recognition to the Atomic Energy Regulatory Board, integrating it into the foundational legislation.

The Bill opens the nuclear industry to privatization, a strategic move aimed at attaining self-reliance and fulfilling India’s 2047 clean energy aspirations. This follows the successful privatization of the space sector, which experienced notable expansion.

The new Bill will engage private partners under specified conditions for exploration activities. However, uranium mining beyond certain thresholds will remain exclusively under government control.