Investment in Atomic Energy Sector

LOK SABHA

The Atomic Energy Act, 1962, gives power to Central Government to produce, develop, use and dispose of atomic energy either by itself or through any authority or corporation established by it or a Government company in which not less than 51% of the paid up share capital is held by the Central Government.

NPCIL has signed Memorandum of Understandings with companies from Russian Federation, France and the USA to work out the details of setting up a total nuclear power capacity, progressively, of about 40,000 Mw.

This was stated by Shri Prithviraj Chavan, the Minister of State (I/C) for Science & Technology and Earth Sciences in the Lok Sabha today.

GG/VK