Nuclear Power Corporation is in talks with government-owned Coal India on the plans to enter the atomic power sector through a joint venture, according to a report.
The report stated that NPC has launched a programme to increase capacity to 63,000 Mw by 2032 and Coal India is expected to produce 460 mn tonnes coal yearly by March 2012.
NPC’s chairman has reportedly said that Coal India would pump in money towards equity with NPC for various nuclear projects and nuclear projects are developed on a 70:30 debt to equity ratio.
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