Companies

Govt plans amendments to clear NTPC, NPCIL joint venture

Our Bureau Hyderabad | Updated on June 10, 2014 Published on June 10, 2014

MoU to set up a plant was signed in 2011





The Government is trying to bring in some amendments in the Atomic Energy Act to pave the way for the proposed joint venture between Nuclear Power Corporation of India Ltd and NTPC to set up a nuclear power plant.

The joint venture is facing some legal issues, as under the law only the government or its agencies can take up activities in the atomic field, CBS Venkataramana, Additional Secretary, Department of Atomic Energy, said.

Under the Atomic Energy Act, activities in the nuclear field are exclusively limited to the Union Government and PSUs owned by the Government.

“We have already submitted the amendments. The Law Ministry has approved them and it has to go before Parliament for approval,” Venkataramana said on the sidelines of the foundation day celebrations of the Nuclear Fuel Complex here on Tuesday .

Reactor

The two public sector corporations had signed a memorandum of understanding to incorporate a joint venture for setting up nuclear power plants in 2011.

India’s first 500-MW prototype fast breeder reactor is all set to go critical by the end of this year, according to Sekhar Basu, Director of Bhabha Atomic Research Centre.

About 98 per cent of the construction work has been completed on the reactor, which is being set up by Bharatiya Nabhikiya Vidyut Nigham (Bhavini).

“The commissioning work is on. One of the most important steps is when we take in sodium as it works at very high temperature,” he said.

Published on June 10, 2014

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