NLC India and NPCIL Nuclear Power Joint Venture

planned

NLC India Limited has entered into a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to establish a joint venture focused on nuclear power generation. The joint venture will allow NLC India to invest in and help develop 700 MW Indigenous Pressurised Heavy Water Reactor (PHWR) projects, including both current and future projects managed by NPCIL. This partnership marks NLC India's strategic entry into the nuclear power sector, diversifying its energy portfolio beyond lignite mining and thermal power, and aligns with India's clean energy goals.