MUMBAI: India’s new Shanti Act gives American firms an opportunity to collaborate in the fast-growing area of nuclear energy, Vinay Mohan Kwatra, New’s Delhi’s ambassador in Washington, has said.“As interests of the India-US partnership continuously converge and align in this space, American firms can now compete on a level playing field for one of the world’s largest nuclear markets,’’ Kwatra wrote recently in The Hill, an American newspaper and digital media company based in Washington DC. The Shanti Act (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) was cleared last month to repeal Atomic Energy Act, 1962 and Civil Liability for Nuclear Damage Act, 2010.Kwatra pointed out that the act opened up the Indian nuclear sector energy to private and foreign investment. It also aligns India’s liability regime with international norms while protecting its non-proliferation commitments, regulatory autonomy and sovereign oversight. “With maturity, India is joining the widely adopted template of global operative norms in the civil nuclear energy sector,’’ Kwatra wrote.According to him, India’s energy demand will grow faster than any major economy’s over the next decade. Its nuclear capacity now is around nine gigawatts, with a target of 100 gigawatts by 2047.Kwatra listed many potential collaborations that are now viable. These include partnerships involving advanced reactors, small modular reactors, new technology streams — including in the field of nuclear fusion — integration of new compute capabilities in nuclear power generation systems, fuel services, component manufacturing partnerships and safety systems.End of ArticleFollow Us On Social MediaVideosSatya Nadella Recounts 2023 Story Of Indian Farmer Leveraging AI Bot For SubsidiesPolice Arrest MZ Wiztown Owner Abhay Kumar Over Noida Techie Yuvraj Mehta’s DeathOwaisi Defends Hijab-Clad PM Dream, Says Constitution Allows It77th Republic Day Parade to Witness Debut of DRDO’s Hypersonic Anti-Ship MissilePM Modi Endorses Nitin Nabin As New BJP Chief; 200% Trump Tariff On French Champagne?One Year Of Trump 2.0: How India-US Ties Went From Strategic Ties To Strategic Stress In 12 MonthsInside Jaish’s Kargil-Style Terror Bunker In J&K Where Maggi, Rice, Gas And Grenades Were StockedEU Puts India At Core Of Historic Trade Reset At Davos, Ursula Leyen Terms It ‘Mother Of All Deals’PM Modi Says Parties Shielding Illegal Immigrants Must Be Exposed, Calls It a National ThreatFrom Karyakarta To Party President: Nitin Nabin Becomes BJP’s Youngest-Ever Chief123PhotostoriesHow to make Punjabi Lobia Masala for dinner at home‘Jana Nayagan’: Everything to know about trailer, posters, cast and more of Thalapathy Vijay’s starrer amid CBFC delayTop 10 countries with the highest government debtFrom Nimona to Samosa: 9 delicious local dishes made with Green Peas5 reasons you could be on the next layoff list of your companyBaby names as beautiful as a melody‘Sheila Ki Jawani’, ‘Munni Badnaam Hui’, ‘Baby Doll’: Bollywood item songs that broke the internet with their zany lyricsRanbir Kapoor’s ‘Badtameez Dil’ to Nora Fatehi’s ‘Dilbar’: Iconic dance steps from Bollywood songs everyone still tries to copyFrom Mrunal Thakur’s ‘Do Deewane Sehar Mein’ to Preity Zinta’s ‘Kal Ho Naa Ho’: Meet Bollywood’s queens who won hearts with geeky looksFrom Smriti Irani to Amar Upadhyay: How much the Kyunki Saas Bhi Kabhi Bahu Thi star cast earns per episode123Hot PicksSilver price todayBudget 2026Karnataka DGP ScandalGold price predictionNitin NabinPublic holidays January 2026Bank Holidays JanuaryTop TrendingMatthew StaffordKyle Larson and Katelyn Sweet Net WorthKlay ThompsonElina Svitolina and Gael Monfils Net WorthShane Lowry Net WorthTom BradyPaul Scholes and Claire Froggatt Net WorthJohn Harbaughs WifeNHL TradeKelly Piquet
MUMBAI: India’s new Shanti Act gives American firms an opportunity to collaborate in the fast-growing area of nuclear energy, Vinay Mohan Kwatra, New’s Delhi’s ambassador in Washington, has said.“As interests of the India-US partnership continuously converge and align in this space, American firms can now compete on a level playing field for one of the world’s largest nuclear markets,’’ Kwatra wrote recently in The Hill, an American newspaper and digital media company based in Washington DC. The Shanti Act (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India) was cleared last month to repeal Atomic Energy Act, 1962 and Civil Liability for Nuclear Damage Act, 2010.Kwatra pointed out that the act opened up the Indian nuclear sector energy to private and foreign investment. It also aligns India’s liability regime with international norms while protecting its non-proliferation commitments, regulatory autonomy and sovereign oversight. “With maturity, India is joining the widely adopted template of global operative norms in the civil nuclear energy sector,’’ Kwatra wrote.According to him, India’s energy demand will grow faster than any major economy’s over the next decade. Its nuclear capacity now is around nine gigawatts, with a target of 100 gigawatts by 2047.Kwatra listed many potential collaborations that are now viable. These include partnerships involving advanced reactors, small modular reactors, new technology streams — including in the field of nuclear fusion — integration of new compute capabilities in nuclear power generation systems, fuel services, component manufacturing partnerships and safety systems.
