Washington, March 19 The India-US bilateral collaboration in civil nuclear energy has enormous potential, said Vinay Kwatra, the Indian ambassador to the US, at an event here attended by senior officials from Washington.
Kwatra made the remarks at an event organized by the Indian Embassy in association with the Nuclear Energy Institute here on Wednesday to celebrate the enactment of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act and US-India nuclear energy cooperation.
The event was attended by James Danly, Deputy Secretary, Department of Energy, and Christopher Yeaw, Assistant Secretary of the Bureau of Arms Control and Nonproliferation, Department of State, as well as representatives from the industry.
"Prominent industry representatives from @holtecintl, @GEVernova, Westinghouse, and @xenergynuclear attended the event and expressed their enthusiasm at the immense opportunities available for Indian-American industry collaboration," the Indian Embassy said in a post on X.
The SHANTI Act is the most sweeping reform of India's nuclear regime to date, repealing the previously existing Atomic Energy Act, 1962, and the Civil Liability for Nuclear Damage Act, 2010 (CLND Act).
With these regulatory developments, India aims to achieve 100GW of nuclear capacity by 2047 from the present 8.8GW capacity through private sector participation, which would ensure energy security and clean baseload power.