The Hindu : New Delhi News : Nuclear deal could help PSUs

Online edition of India's National Newspaper
Tuesday, Aug 14, 2007
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New Delhi

New Delhi

Nuclear deal could help PSUs

Sujay Mehdudia

NEW DELHI: The clearance of the Indo-U.S. nuclear in the coming days is likely to open up a window of opportunities for the public sector undertaking power companies as well as the private sector to make foray into the nuclear power generation business.

After the National Thermal Power Corporation (NTPC), which is very bullish on the issue, Tata Power has also indicated its willingness to get into the business of nuclear power generation. The next to join the bandwagon could be the Reliance Energy Limited which has already allocated an investment of Rs. 60,000 crore for the power sector during the next 3 years.

NTPC has already drawn up plans for making investments in the nuclear power generation sector during the 11th and 12th Five Year Plans as part of its grand expansion from the thermal power sector. Moving at a steady pace, it has already put in place roadmap for taking up 2000 MW worth nuclear power projects by the end of the 11th Plan. The vision document has also strived to put the company on a diversification path with plans aimed at enhancing its share in hydro power generation to 12 per cent by the end of the 12th Plan.

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