NTPC issues tender for overseas uranium mine acquisition for nuclear push
New Delhi, July 10 -- State-run power major NTPC is planning to acquire uranium mining assets overseas as part of its strategy to secure long-term fuel supplies for its planned nuclear power expansion, according to a tender floated by the company.
According to the tender document, NTPC has initiated a nuclear capacity addition plan to contribute 30 GW towards the national nuclear capacity target. To accelerate the programme, the company has also set up a wholly owned subsidiary, NTPC Parmanu Urja Nigam Limited (NPUNL), to independently execute nuclear power projects.
The tender stated that the scale of the planned nuclear expansion requires a sustainable supply of uranium. Considering the limitation of domestic uranium reserves and mini...
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