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India to enhance nuclear power generation

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NEW DELHI (Commodity Online): India government plans to setup nuclear power plants across the country to enhance power generation with two public sector undertakings signing a joint venture agreement in this regard.


The Nuclear Power Corporation of India Ltd. (NPCIL) and National Aluminium Company Limited (NALCO) (BSE: NALCO : 532234 ) has entered into a joint venture Agreement for setting up nuclear power plants across the country.


NALCO is a central public sector undertaking under the administrative control of Ministry of Mines, Government of India which has experience of more than 25 years in mining, alumina refining, power generation and aluminum smelting.


NPCIL is a wholly-owned enterprise of the Government of India under the Department of Atomic Energy for setting up nuclear power plants in India.

MCX Silver 05 September 2012 contract was trading at Rs 56922 . What's your view on it?
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