India's Parliament approves bill to open civil nuclear power sector to private firms
PositiveTechnology
- India's Parliament has approved new legislation that allows private companies to enter the civil nuclear power sector, marking a significant shift in the country's energy policy. This move is expected to enhance competition and attract investment in nuclear energy, which has been primarily state
- The approval of this bill is crucial for India's energy landscape, as it aims to diversify energy sources and improve efficiency in the nuclear sector. By inviting private firms, the government hopes to accelerate the development of nuclear power, which is essential for meeting the country's growing energy demands.
- This legislative change aligns with India's broader strategy to integrate renewable energy sources into its power grid. The government is also encouraging coal plants to upgrade and operate at lower capacities, thereby making room for more solar and other renewable energies. This dual approach reflects a commitment to a more sustainable and diversified energy future.
— via World Pulse Now AI Editorial System