Overview
- The government plans to announce a regulatory framework within the current fiscal year to allow private companies to mine, import and process uranium.
- Private firms will also be permitted to supply critical control-system equipment for nuclear power plants.
- The state will retain exclusive authority over spent-fuel reprocessing and plutonium waste management.
- India’s domestic uranium reserves of about 76,000 tonnes can meet only roughly 25 percent of projected demand, creating a need for imports and expanded processing capacity.
- Implementation will require amendments to five laws, including those governing mining, electricity and foreign direct investment.