India, April 9 -- NTPC Limited has signed a Non-Binding Memorandum of Understanding (MoU) with Electricite de France (EDF) to explore cooperation in developing new nuclear power projects in India. This follows approval from the concerned ministries & departments of the Government of India.

The MoU was signed by Arnada Prasad Samal, CGM (Nuclear Cell), on behalf of NTPC, and Vakisasi Ramany, Senior Vice President, International Nuclear Development, on behalf of EDF.

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 depl...