Nuclear Power Corporation of India Limited (NPCIL) and Bharat Heavy Electricals Limited (BHEL) have entered into an MoU to jointly pursue business opportunities in the area of nuclear power plants based on pressurized heavy water reactor (PHWR) technology.
Under the MoU, BHEL, and NPCIL will jointly explore opportunities for the development of Nuclear Power Projects to reduce project gestation time.
In the presence of Dr. V. K. Saraswat (Member – NITI Aayog), Sh. K. N. Vyas (Secretary – Department of Atomic Energy & Chairman – Atomic Energy Commission) and Sh. Kamran Rizvi (Secretary – Ministry of Heavy Industries), the MoU was signed by Dr. Nalin Shinghal, CMD – BHEL, and Sh. Bhuwan Chandra Pathak, CMD – NPCIL at NITI Aayog, New Delhi.