Overview

• India's government has prepared a draft bill to amend the 2010 Civil Nuclear Liability Damage Act, capping supplier liability at contract value and introducing claim time limits.
• The amendments are designed to attract foreign firms, particularly U.S. companies like General Electric and Westinghouse, which have avoided India's nuclear market due to unlimited liability risks.
• The proposed reforms align with international standards, shifting safety responsibility to operators and removing barriers for private sector investment in nuclear projects.
• Prime Minister Modi's administration plans to present the draft bill for parliamentary approval during the July monsoon session, with confidence in securing its passage.
• The changes are critical to India's goals of expanding nuclear power capacity twelvefold by 2047 and advancing U.S.-India trade negotiations targeting $500 billion in bilateral trade by 2030.