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India Sees New Nuclear Bill Spurring Projects Worth $214 Billion

Bloomberg.com · last updated

India’s planned overhaul of its energy laws will effectively open its atomic power sector for new investment, according to a government minister, joining a global nuclear renaissance with a buildout worth as much as 19.3 trillion rupees ($214 billion).

The bill could go for cabinet clearance this week before being placed in parliament during the ongoing session that ends Dec. 19, Jitendra Singh, the minister in charge of the atomic energy department, said in an interview to Bloomberg News in Panchkula, about 260 kilometers from New Delhi, on Saturday.

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