India is set to amend its 2010 Civil Nuclear Liability Damage Act, capping accident-related liabilities for nuclear equipment suppliers. This move aims to attract foreign firms like General Electric and Westinghouse Electric, aligning India’s laws with international norms and facilitating Prime Minister Narendra Modi’s plan to expand nuclear power capacity to 100 gigawatts by 2047. Major Indian companies, including Reliance, Tata Power, Adani Power, and Vedanta, are in talks to invest around $5.14 billion each in the nuclear sector
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