Two state-run undertakings, Bharat Heavy Electricals Ltd (BHEL) and the Nuclear Power Corporation (NPC), will soon form a 50:50 JV for manufacturing nuclear reactors. The board of directors of both the Companies have given consent for the proposed JV. The JV company will produce reactors of 700 mw and 1,000 mw for nuclear power projects. The initial investment will be worth Rs 500 crore.
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Wednesday, January 2, 2008
BHEL, NPC in JV to manufacture nuclear reactors
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