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Keyword：foreign reactors
India's Draft Nuclear Regulations May Affect Foreign Reactor Technology Introduction
A draft nuclear regulatory framework in India could introduce new uncertainty to its nuclear power expansion plans. Multiple industry insiders and legal experts believe that the draft's additional approval requirements for imported reactors may push companies toward domestic technology and delay the entry of foreign capital and advanced reactor technology into the Indian market. India passed a new nuclear energy law last year, allowing private enterprises to enter the nuclear power sector, which had long been strictly controlled by the state, and is attempting to expand nuclear power capacity by introducing foreign technology and investment. India plans to increase its nuclear power installed capacity nearly tenfold over the next two decades to 100 gigawatts, with estimated investment needs approaching $210 billion. The target is seen as...
2026-08-28
India Releases Draft Rules Accompanying SHANTI Act, Requiring Nuclear Power Operators to Provide Nuclear Damage Insurance or Financial Guarantees
The Department of Atomic Energy (DAE) of India recently released the draft SHANTI Rules 2026 and the draft SHANTI Regulations 2026 for public consultation. The two documents set out provisions on nuclear project licensing, safety authorization, and nuclear damage liability, aiming to provide an institutional framework for India's expansion of nuclear power capacity and the introduction of more market players into nuclear energy development. Under the drafts, operators of nuclear power plants or reactors must purchase insurance, provide financial guarantees, or adopt both approaches for nuclear damage. Such financial security must remain in effect until all spent fuel has been removed from the corresponding storage pools. The drafts also propose the establishment of a nuclear liability fund, with funding sources linked to the civil liability limits borne by operators...
2026-08-17