US welcomes SHANTI Bill: 'A step towards stronger energy security ties', Pg12

Key Highlights:

• The United States has welcomed India's SHANTI Bill, signaling stronger energy security ties.
• The SHANTI Bill, 2025 was passed in Parliament on Thursday and received Presidential assent on Saturday.
• The bill allows private companies to build, own, operate, and decommission nuclear power plants under government license.
• The SHANTI Bill repeals the Atomic Energy Act of 1962 and the Civil Liability for Nuclear Damage Act, 2010.

Detailed Insights:

• The SHANTI Bill aims to consolidate all laws related to the civil nuclear sector in India.
• This legislation opens the nuclear energy sector to private players and joint ventures.
• The US Embassy in New Delhi expressed readiness for joint innovation and R&D in the energy sector with India.
• The bill is expected to boost India's energy security and promote peaceful civil nuclear cooperation.

Key Concepts Involved:

• Nuclear Energy: Energy released from atomic nuclei, used for electricity generation.
• Civil Nuclear Cooperation: Collaboration between countries for peaceful uses of nuclear technology.
• Energy Security: Ensuring a stable and reliable supply of energy resources for a nation.