NTPCs foray into nuclear energy in DAEs court

Psu Connect Date: 09-01-17

New Delhi.NTPC’s efforts to get into nuclear power have slowed down even as the public sector power generation behemoth is focussing more on renewable energy.

A senior company official said the uncertainty due to higher tariff cost, along with some earlier ‘legislative hurdles’ are the reasons for lesser excitement for nuclear power projects.

The Parliament cleared the amendment to the Atomic Energy Act 1962 on December 31, 2015. This allowed the joint venture PSUs (public sector undertakeings) to build and operate nuclear power plants.

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