President Droupadi Murmu has approved the SHANTI Bill, marking a pivotal reform in India's nuclear sector by allowing private players to enter power generation. This legislation repeals outdated laws and aims to scale nuclear capacity to 100 GW by 2047.

Key Provisions
The SHANTI Bill replaces the Atomic Energy Act of 1962 and Civil Liability for Nuclear Damage Act, 2010, enabling private firms and joint ventures to build, own, operate, and decommission nuclear plants under regulatory oversight. It caps operator liability at 100-3,000 crore based on plant size, mandates ?1,500 crore insurance via the Indian Nuclear Insurance Pool, and allows up to 49% FDI while keeping fuel cycle activities like uranium mining under government control. Advanced technologies such as Small Modular Reactors (SMRs) gain promotion, with a new nuclear tribunal for disputes.?

Market Impact
India's nuclear push addresses rising power demand from data centers and net-zero goals by 2070, potentially creating jobs and local manufacturing ecosystems. Private entry ends NPCIL's monopoly, fostering competition but with high capex (16-20 crore/MW) and long gestation periods posing execution risks.

Investment Outlook
Reforms signal long-term re-rating in power stocks, but watch balance sheets, execution, and government notifications for projects by 2027. Momentum traders may eye near-term dips in L&T or BHEL, aligning with your interest in technical analysis and Indian markets.