Reportedly, the central government plans to formulate entry norms for private companies seeking to participate in nuclear power generation, currently restricted to central public sector undertakings.
As part of the legislative overhaul to facilitate private sector entry, amendments to the Atomic Energy Act and the Civil Liability for Nuclear Damage Act are under deliberation. The government or a designated agency is expected to evaluate potential applicants based on financial strength, technical capabilities, project experience, and sustained revenue performance. The proposed framework includes criteria such as minimum revenue thresholds and prior experience in implementing large-scale infrastructure projects. Only companies with a stable financial outlook and proven development track record will be eligible.