US Industry Eyes India's Nuclear Potential: Paving Path for Civil Energy Cooperation
US Energy Secretary Chris Wright briefed US nuclear industry executives ahead of their India visit to explore collaboration opportunities following India's legislative reforms in nuclear energy. The initiative aims to deepen US-Indian civil nuclear cooperation and promote joint projects, particularly involving small modular reactors and recycling of spent fuel.
US Energy Secretary Chris Wright has set in motion new prospects for the American nuclear industry by briefing senior executives who are scheduled to visit India next week. This visit comes as India opens its nuclear sector to private players, following legislative reforms.
The 20-member delegation, facilitated by the US-India Strategic Partnership Forum and the Nuclear Energy Institute, seeks to engage with Indian officials and private stakeholders to examine potential collaborations in civil nuclear energy.
The development underscores the significance of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, which promises to facilitate joint ventures in nuclear power between the two nations, enhancing prospects for small modular reactors and the recycling of nuclear fuel.
(With inputs from agencies.)
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