NTPC seeks ₹1.5-trillion Rosatom tie-up for six nuclear reactors
The state-run generator has pitched for six unbuilt reactors under a 2014 bilateral pact as it targets 30GW of nuclear capacity by 2047.
NTPC Ltd, a state-run power company in India, is proposing a partnership with Russian state-owned Rosatom to develop six nuclear reactors, with an estimated capital expenditure of ₹1.5 trillion. This proposal is part of a 2014 agreement between India and Russia to build 12 nuclear reactors in the country, of which six are currently under development by the Nuclear Power Corporation of India Ltd (NPCIL) at the Kudankulam plant. The remaining six reactors have yet to start construction.
Brief written by urgent.news from Live Mint's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
