# NLC India signed a Memorandum of Understanding with Nuclear Power Corporation of India Limited on May 25, 2026.

*business · news · 2026-05-25 · scanx.trade*

## Key points

- NLC India and NPCIL signed an MoU on May 25, 2026, to launch a nuclear power JV.
- The JV will focus on 700 MW Indigenous PHWR projects and potentially other suitable reactors.
- This partnership is among the first strategic actions following India's SHANTI Bill passed in December 2025.
- NLCIL will explore investments in NPCIL's existing and upcoming 700 MW PHWR projects via the JV.
- The collaboration directly supports India's revised target of 100 GW nuclear capacity by 2047.

**Companies:** Nuclear Power Corporation of India Limited, NLC India Limited
**Countries:** India

[Read the full story on scanx.trade](https://scanx.trade/stock-market-news/companies/nlc-india-signs-mou-with-npcil-for-nuclear-power-joint-venture/41282780)

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