US ready to forge nuclear R&D alliance with India

SHANTI BILL HAS EASED TERMS FOR OPERATORS

- FE BUREAU

WASHINGTON IS WILLING to participate in India’s nuclear energy sector and partner in joint innovation and research and development (R&D), the US embassy said in a post on X on Monday.

This follows India’s Parliament passing a legislation allowing private players to participate in the nuclear space, and capping the civil nuclear liability.

Parliament last week passed the atomic energy Bill or the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, allowing changes to the country’s liability provisions, which would help India achieve its target of 100 GW of nuclear capacity by 2047.

“We welcome India’s new #SHANTIBill, a step towards a stronger energy security partnership and peaceful civil nuclear cooperation. The United States stands ready to undertake joint innovation and R&D in the energy sector,” the US Embassy India said in its post.