Effective or announced 21 December 2025Impact for foreign investors: low
What changed
The SHANTI Act 2025 licenses government entities and Indian-incorporated companies to take part in nuclear power, subject to AERB safety authorisation. FDI in atomic energy is still prohibited under the RBI Master Direction of June 2026. An FDI policy approved by the Atomic Energy Commission was in inter-ministerial consultation in April 2026.
Who it affects
Foreign nuclear technology and equipment suppliers and energy investors considering the sector.
What to do
Do not plan equity investment in nuclear generation yet. Track the FDI policy under consultation, and look at supply or technology roles that do not require equity.