For foreign investors, a long path ahead for India nuclear reforms

Proposed legal changes just the start of desired overhaul of sector

202505123 A nuclear power plant near the outskirts of Delhi

A nuclear power plant near Delhi: The country’s Civil Liability for Nuclear Damage Act holds suppliers to nuclear power plants liable for accidents, with no limit on payouts. © Getty Images

SOUMYAJIT SAHA

MUMBAI -- The Indian government proposed earlier this year to make legal amendments to open up the country's insular nuclear sector to foreign investors, but that would still leave them facing a legal and bureaucratic maze as well as activist opposition to the opening of new plants.

That could complicate the country's decarbonization drive, with the reforms to corporate liability and other issues being key to India's ambitions of increasing nuclear power capacity from just over 8 gigawatts now to 100 GW by 2047.

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