By IANS,
New Delhi : With private companies barred from the country’s atomic energy generation industry, the state-run Nuclear Power Corp is signing pacts with two other government firms to fund its new projects, a top company official said Friday.
“We are going in for public partnership. We will sign a memorandum of understanding with Indian Oil Corp and Nalco (National Aluminium Corp),” said S.K. Jain, chairman and managing director of the Nuclear Power Corp.
Speaking to reporters on the margins of a conference on the energy sector, Jain also said talks were on to evolve a model that will allow a greater participation of the private sector in owning and operating a nuclear power plant.
The company presently operates 17 nuclear power plants with total installed capacity of 4,120 MM. It also has five reactors under construction with a total capacity of 2,660 MW — two each in Tamil Nadu and Rajasthan and one in Karnataka.