Consider the following statements regarding India's nuclear energy policy and the SHANTI Act, 2025.

(I) The SHANTI Act, 2025, allows private sector participation in nuclear power generation.

(II) India has set a target of achieving 100 GW of installed nuclear power capacity by the year 2030.

(III) The SHANTI Act, 2025 retains unlimited supplier liability for nuclear damage to ensure enhanced accountability.

Which of the above statements are correct?

Statement (I) is correct: The SHANTI Act, 2025 (Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Act) explicitly broke the state monopoly by allowing private Indian companies, foreign entities, and joint ventures to build, own, operate, and decommission civil nuclear power plants under regulatory oversight. Statement (II) is incorrect: India has set a target of achieving 100 GW of installed nuclear power capacity by the year 2047 (coinciding with 100 years of Independence), not 2030. Statement (III) is incorrect: The SHANTI Act, 2025 repealed the older Civil Liability for Nuclear Damage Act (CLNDA) of 2010. To align with international conventions and attract private sector investment, it removed supplier liability completely and channeled exclusive liability onto the nuclear operator, with strict financial caps graded by reactor size.