NTPC approves draft MoU with UCIL to evaluate overseas uranium assets
NTPC Limited has approved a draft memorandum of understanding with Uranium Corporation of India Limited (UCIL) to jointly conduct techno-commercial due diligence of overseas uranium assets. The company is preparing to expand into nuclear generation both independently and through joint ventures. Its joint venture with Nuclear Power Corporation of India Limited (NPCIL), Anushakti Vidhyut Nigam Limited (ASHVINI), will implement the 2,800 MW Mahi Banswara nuclear power project in Rajasthan. NPCIL holds 51 per cent in…
