Shanti Bill 2025: What Is The New Nuclear Energy Bill? Which Nuclear Power Stocks Are In Focus

The Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI Bill), 2025, aims at giving major opportunity to private companies to invest in nuclear power plants and reactors. With that nuclear power stocks like Tata Power, BHEL, HCC, L&T, and NPTC among others will be in focus.

Shanti Bill: What Is Nuclear Energy Bill?

Shanti Bill stands for Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill. The is the first time ever that the government is allowing private companies to participate in India's tightly regulated nuclear energy sector.

As per IBEF data, the Bill enables private companies and joint ventures to build, own, operate, and decommission nuclear power plants and reactors, signalling a significant shift in India's atomic governance framework. To establish a single, unified legal regime, the SHANTI Bill proposes amendments to the Atomic Energy Act, 1962, and the Civil Liability for Nuclear Damage Act, 2010, streamlining licensing procedures, regulatory oversight, and liability provisions.

It added, while the private sector is expected to participate across the nuclear value chain, including project development, construction, and related infrastructure, strategic functions such as nuclear material production, heavy water manufacturing, and radioactive waste management will remain under the control of the Department of Atomic Energy.

The private companies will be allowed to infuse up to 49% in nuclear power projects.

Experts note that moving away from a government-only monopoly to a mixed governance model could attract capital, encourage adoption of advanced technologies such as small modular reactors, and reinforce nuclear energy's role as a reliable, low-carbon baseload power source supporting India's long-term industrial growth, as per IBEF data.

Which Are Nuclear Power Stocks In India?

Below are the major nuclear energy stocks traded on BSE and NSE in India.

- Tata Power

- BHEL

- Kirloskar Electric

- Larsen & Toubro

- MTAR Technologies

- NTPC

- Power Mech Projects

- Venus Pipes & Tubes

- WPIL

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