The SHANTI Bill (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India), 2025 was passed by Rajya Sabha on December 18, 2025, after Lok Sabha approved it on December 17. President Droupadi Murmu granted assent on December 20. The bill repeals the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010. Private companies can now build, own, operate, and decommission nuclear power plants as Independent Power Producers (IPPs). Private entities can also participate in nuclear fuel fabrication, including conversion, refining, and enrichment of uranium-235 up to a threshold value set by the government. Core functions like enrichment beyond the threshold, heavy water production, and spent fuel management remain with the Department of Atomic Energy (DAE). The Atomic Energy Regulatory Board (AERB) gets formal statutory status as an independent regulator. A graded liability framework replaces the old regime, with limits varying by installation type.