Trendinginfo.blog > National > Operating nuclear plants was ‘lifetime commitment’: Experts

Operating nuclear plants was ‘lifetime commitment’: Experts

iStock 517991320.jpg iStock 517991320.jpg

Thank you for reading this post, don't forget to subscribe!

Representative image.
| Photo Credit: Getty Images

As India opens its nuclear power sector to private participation under the newly enacted SHANTI Act, former regulators of the nuclear energy establishment and policy veterans said that nuclear power required “lifetime commitment,” and maintaining “financial security” to account for “waste management, settlement of claims (caused by radiation), decommissioning (nuclear power plants).

The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025, as the government has articulated repeatedly, is to help India raise its installed nuclear power capacity from the existing 8.7 gigawatt (GW) to 100 GW by 2047. Unlike the previous half-century, it hopes to achieve this by allowing, in theory, private companies to run nuclear power plants and harness foreign funds for the purpose.

Source link