India's new nuclear energy law has opened the door for France's EDF to engage with private Indian players to explore nuclear power plant setups, ahead of PM Modi's visit to France.
The SHANTI Act has removed financing and cost challenges, allowing private sector participation in civil nuclear energy.
EDF is in active discussions with Indian players, aiming for a clear picture by the end of the year.
India plans to increase nuclear power generation capacity from 8.78 GW to 100 GW by 2047.
Modi's visit to France and Slovakia will focus on defence, civil nuclear energy, technology, and critical materials cooperation.
12 new initiatives between India and France are expected to be unveiled during the visit.
