NTPC rises after signing MoU with EDF for nuclear power projects
Mumbai, April 9 -- The MoU establishes a framework for both companies to jointly assess the feasibility and approach for collaboration, including understanding EDF's EPR technology and its suitability for Indian requirements; exploring opportunities to maximize localization for large-scale deployment; examining economic and tariff aspects; developing human resource capabilities through training programs; evaluating potential project sites; and providing technical support as mutually agreed.
"This initiative aligns with NTPC's strategy to expand into clean, reliable energy and contribute to India's long-term energy security," the company said in a statement.
NTPC, along with its subsidiaries/associates & JVs, is primarily involved in the...
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