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India Opens Nuclear Energy Sector to Private Operators with Liability Reform

India Opens Nuclear Energy Sector to Private Operators with Liability Reform:

The Indian government is planning to allow private sector operators to participate in the country’s nuclear energy sector for the first time. Alongside this move, it also proposes to limit their liability, a step seen as essential to attract private investments and technology partnerships. This development comes in the backdrop of the United States permitting its firms to manufacture nuclear equipment and undertake design work in India, reflecting deepening Indo-U.S. civil nuclear cooperation.