Energizing Alliances: India-US Collaboration in Nuclear Energy
US industry leaders met with Union Minister Jitendra Singh to explore investment opportunities in India's nuclear sector. Discussions centered on policy reforms, the SHANTI Act, and expanding India-US collaboration. India aims to boost nuclear power capacity significantly by 2047, presenting major opportunities for global partners.
On Monday, a delegation from the US nuclear industry met with Union Minister Jitendra Singh to examine emerging opportunities for private investment within India's burgeoning nuclear sector. The discussions centered on India's Nuclear Energy Mission and recent policy reforms, such as the SHANTI Act, intended to facilitate private sector participation.
Minister Singh underscored India's ambitious goal to elevate its nuclear power capacity from 8.8 GW to 100 GW by 2047, indicating significant potential for global partnerships in manufacturing and technology cooperation. He emphasized the reforms aim to create a conducive environment for investment and industrial collaboration.
The meeting included representatives from the Nuclear Energy Institute (NEI) and the US-India Strategic Partnership Forum (USISPF). Participants consisted of senior figures from the US nuclear industry and business stakeholders focused on enhancing India-US cooperation in civil nuclear energy and cutting-edge technologies.
(With inputs from agencies.)
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- SHANTI Act
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