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NTPC, NPCIL sign JV to develop 2 nuclear power projects jointly

By: APAC Media

by APAC Media
May 2, 2023
in Uncategorized
Reading Time: 1 min read
NTPC, NPCIL sign JV pact to develop 2 nuclear power projects jointly
Summarize with:

New Delhi: NTPC Ltd has signed a supplementary Joint Venture Agreement with Nuclear Power Corporation of India Ltd (NPCIL) in New Delhi recently for the development of nuclear power projects. The agreement was signed by Ujjwal Kanti Bhattacharya, Director (Projects), NTPC, and Ranjay Sharan, Director (Projects), NPCIL, in the presence of RK Singh, Minister for Power and New and Renewable Energy, KN Vyas, DAE Secretary and Chairman of Atomic Energy Commission, Alok Kumar, Secretary, Ministry of Power, Gurdeep Singh, NTPC CMD, BC Pathak, NPCIL CMD and senior officials of the Ministry of Power and Department of Atomic Energy.

nitially, the JV company shall develop two Pressurized Heavy-Water Reactor (PHWR) projects, Chutka Madhya Pradesh Atomic Power Project 2×700 MW and Mahi Banswara Rajasthan Atomic Power Project 4×700 MW, which were identified as a part of fleet mode nuclear projects.

“This Supplementary Joint Venture Agreement marks a pivotal step for NTPC Ltd and NPCIL to collaborate and cooperate in the field of development of Nuclear Power projects which shall help the country in meeting its Clean Energy Commitments to achieve net zero emission target by 2070,” said the Ministry of Power.

Summarize with:
Tags: NTPC LtdNuclear Power Corporation of India LtdRanjay SharanUjjwal Kanti Bhattacharya
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