JOURNAL ARTICLE

India Overhauls Nuclear Law to Allow Private Investment.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Singh, Rajesh Kumar; Gupta, Swati 3 of 3

Abstract

The article discusses India's parliament passing a bill to open its nuclear industry to private firms, aiming to attract $214 billion in investment and expand the country's nuclear capacity significantly by 2047. This legislative change abolishes a long-standing state monopoly and modifies liability provisions that previously deterred investors. The bill is part of India's strategy to enhance its atomic energy capabilities to support economic growth and reduce reliance on coal. While the government retains control over certain aspects of the industry, concerns have been raised about the privatization of profits and the socialization of risks associated with nuclear energy. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2025
  • Accession Number:190353839
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.