JVs for nuclear power generation

Q.  Which of the following are JVs related to nuclear energy generation?

1) NPCIL-NTPC Ltd.
2) NPCIL-IOCL
3) NPCIL- NALCO

- Published on 16 Dec 16

a. 1, 3
b. 2, 3
c. 1, 2
d. All of the above

ANSWER: All of the above
 
The Government has brought about amendments in the provisions of the Atomic Energy Act, 1962 to enable Joint Ventures (JVs) of NPCIL & Public Sector companies to set up nuclear power projects.

The main objective of enabling the JVs is to achieve expansion of nuclear power capacity in the country.

So far, three joint venture companies – Anushakti Vidhyut Nigam Limited (NPCIL-NTPC Ltd.), NPCIL-Indian Oil Nuclear Energy Corporation Limited (NPCIL-IOCL) and NPCIL-Nalco Power Company Limited (NPCIL- NALCO) have been incorporated.

Exploratory discussions have also been held with other Public Sector companies and Indian Railways in this regard.

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