⚛️ India’s Nuclear Liability Reform = Lower Risk for Suppliers like

LT

India’s proposed SHANTI Bill, 2025 limits nuclear accident liability largely to plant operators, removing the open-ended recourse risk that equipment suppliers earlier faced under the 2010 law. Key takeaways: • Operator liability cap remains at ₹1,500 crore per incident • Supplier liability now limited to intentional misconduct or explicit contracts • Reduces legal uncertainty for nuclear equipment makers 👉 For

, a key supplier to India’s nuclear program, this reform could mean a gradual decline in contingent liability risk and improved risk visibility, making nuclear projects more commercially attractive. Structural positive for India’s nuclear ecosystem and its engineering majors.