Overview
- Maharashtra, which signed the agreements Tuesday, outlined ₹6.5 lakh crore in proposed investment and about 1.23 lakh jobs for projects totaling 25,400 MW.
- The state named Reliance, Adani Power, NTPC and Lalitpur as partners, with tentative sites along the Konkan coast including Barsu, Purnagad and Devgad.
- A 20-member U.S. nuclear industry mission in India May 17–21 met senior ministers and state leaders to map partnerships, technology transfer and supply-chain links under the new law.
- India’s SHANTI Act opened plant operations and fuel management to private players and limited foreign equity, and the government is aiming to grow nuclear capacity from roughly 9 GW to 100 GW by 2047.
- New central rules will set operator liability limits and insurance pools by draft in July, and the MoU projects still require clearances, export approvals and local consent before any build can begin.