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NLC India signed a Memorandum of Understanding with Nuclear Power Corporation of India Limited on May 25, 2026.
NLC India and NPCIL signed an MoU on May 25, 2026, to launch a nuclear power JV.
KEY POINTS
- 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
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