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India Releases Draft Rules Accompanying SHANTI Act, Requiring Nuclear Power Operators to Provide Nuclear Damage Insurance or Financial Guarantees

The Department of Atomic Energy (DAE) of India recently released the draft SHANTI Rules 2026 and the draft SHANTI Regulations 2026 for public consultation. The two documents set out provisions on nuclear project licensing, safety authorization, and nuclear damage liability, aiming to provide an institutional framework for India's expansion of nuclear power capacity and the introduction of more market players into nuclear energy development. Under the drafts, operators of nuclear power plants or reactors must purchase insurance, provide financial guarantees, or adopt both approaches for nuclear damage. Such financial security must remain in effect until all spent fuel has been removed from the corresponding storage pools. The drafts also propose the establishment of a nuclear liability fund, with funding sources linked to the civil liability limits borne by operators...

2026-08-17

India's First Draft Rules for SHANTI Nuclear Energy Act Prepared, in Consultation with Ministries and Industry

The Indian government is formulating implementation rules for the SHANTI Act (Sustainable Harmonious Advancement of Nuclear Technology in India Act), aimed at fundamentally transforming the country's nuclear energy sector. The Act is expected to open up the previously tightly controlled nuclear industry to private companies. Relevant departments have already sought comments on these draft rules, but final publication may still take several months, as issues involving multiple agencies require careful consideration. The SHANTI Act is crucial for India's goal of achieving 100 gigawatts of nuclear power capacity by 2047. It will bring about significant structural changes to India's nuclear energy policy, integrating regulation, implementation processes, civil liability, and dispute resolution mechanisms...

2026-08-03