Joint Venture Agreement for Setting up Nuclear Power Plants Across The Country
Nuclear Power Corporation of India Ltd. (NPCIL) and National Aluminium Company Limited (NALCO) has entered into a Joint Venture Agreement for setting up nuclear power plants across the country.
The agreement was signed by Dr. S. K. Jain, Chairman & Managing Director, NPCIL and Shri B. L. Bagra, Chairman cum Managing Director, NALCO, at Mumbai today.
NALCO is a Central Public Sector Undertaking under the Administrative control of Ministry of Mines, Government of India which has experience of more than 25 years in Mining, Alumina Refining, Power Generation and Aluminum Smelting. NALCO has a vision to become an integrated energy and metal company.
NPCIL is a wholly-owned enterprise of the Government of India under the Department of Atomic Energy for setting up nuclear power plants in India. Presently, NPCIL operates 20 nuclear reactors with a total installed capacity of 4780 MW and six reactors with 4800 MW capacity are under construction.
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