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Nuclear Power Corp raises Rs 4,600 cr at 7.14% through 15 year bonds

IIFCL is planning to mop up Rs 3,000 crore in two tranches with varying maturities

Nuclear Power Corp raises Rs 4,600 cr at 7.14% through 15 year bonds
Updated On : 17 Dec 2024 | 1:05 AM IST

NPCIL to operate 220 MW small nuclear plants for private companies

In a first, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW capacity small nuclear plants for private players who will provide both funding and land for the project, a senior government official has said. A development on this front is likely by this year-end or early 2025, the official told PTI. "The funding and land for the nuclear plant will be made available by the private player but the plant will be managed by NPCIL," the official said. With the NPCIL, a public sector enterprise under the Department of Atomic Energy, managing and operating the plant, the need to amend the Atomic Energy Act will not arise. Under the Atomic Energy Act, the nuclear energy sector is open only for government PSUs, another official said. These 220 MW reactors will be known as 'Bharat Small Reactors' for which research is already in progress at the Bhabha Atomic Research Centre (BARC), the official said. The Pressurised Heavy Water Reactor (PHWR) technology, which India has maste

NPCIL to operate 220 MW small nuclear plants for private companies
Updated On : 06 Oct 2024 | 3:50 PM IST

Govt gives nod to NPCIL-NTPC JV for building nuclear plants in Rajasthan

The government has approved a joint venture between NPCIL and NTPC to build four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The Department of Atomic Energy handed over the document approving the joint venture 'Anushakti Vidyut Nigam Limited (ASHVINI)'? to top officials of the Nuclear Power Corporation of India Limited (NPCIL) and the National Thermal Power Corporation (NTPC) on Tuesday, an official statement said. With this approval, ASHVINI has been authorized to build, own and operate nuclear power plants in India in accordance with the existing legal framework, the statement from NPCIL said. It said ASHVINI will be a subsidiary of NPCIL, which will have 51 per cent stake in the entity. The Mahi Banswara project of 4x700 MW Pressurised Heavy Water Reactors (PHWR) will be implemented by ASHVINI. The joint venture will pave the way for pooling resources in terms of finances and expertise for the rapid expansion of nuclear power capacity in the country to meet the

Govt gives nod to NPCIL-NTPC JV for building nuclear plants in Rajasthan
Updated On : 17 Sep 2024 | 10:42 PM IST

PhonePe collaborates with LankaPay to promote UPI payments in Sri Lanka

Apart from the National Payments Corporation of India's (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network

PhonePe collaborates with LankaPay to promote UPI payments in Sri Lanka
Updated On : 15 May 2024 | 9:38 PM IST

PhonePe partners LankaPay, enables UPI payments for travelers in Sri Lanka

PhonePe on Wednesday announced a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. At an event to mark the collaboration, PhonePe said its app users travelling to Sri Lanka can make payments using UPI across LankaPay QR merchants. The transactions will be facilitated by the Unified Payments Interface (UPI) and LankaPay National Payment Network. Users can scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, showing the currency exchange rate. PhonePe's CEO, International Payments, Ritesh Pai, said the collaboration with LankaPay offers unparalleled convenience to Indian tourists who can now use a familiar and secure payment method while travelling and paying across LankaQR merchant points. "We are excited about the potential of this collaboration that would enhance payment experience to Indian tourists and business travellers during their stay in Sri Lanka and

PhonePe partners LankaPay, enables UPI payments for travelers in Sri Lanka
Updated On : 15 May 2024 | 7:56 PM IST

RBI meets stakeholders to discuss strategies to widen scope, reach of UPI

UPI transaction volumes rose 54% in March, as compared to 60% a year ago

RBI meets stakeholders to discuss strategies to widen scope, reach of UPI
Updated On : 08 May 2024 | 6:42 PM IST

NCC, NPCIL sign pact to raise awareness on peaceful use of nuclear power

The National Cadet Corps (NCC) on Thursday joined hands with Nuclear Power Corporation of India Limited (NPCIL) to conduct awareness programmes across the country to enhance public perceptions on peaceful use of nuclear power and disseminate scientific information. The memorandum of understanding between NCC and NPCIL, a public sector undertaking, also facilitates a unique opportunity to cadets to visit various facilities of NPCIL, thereby giving a "first-hand experience" on peaceful use of nuclear energy, its technical and technological aspects. The MoU was signed in New Delhi in presence of Director General of the NCC, Lt Gen Gurbirpal Singh and Executive Director (Corporate Communication & Corporate Planning), NPCIL, BVS Shekhar, the defence ministry said in a statement. The agreement will entail conducting "various awareness programmes throughout the country to enhance public perceptions on peaceful use of nuclear power, and disseminate scientific and authentic information," ..

NCC, NPCIL sign pact to raise awareness on peaceful use of nuclear power
Updated On : 21 Mar 2024 | 9:12 PM IST

India to add 18 N-power reactors with capacity of 13,800 MWe by 2032: NPCIL

India will add 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32. This was announced by the Nuclear Power Corporation of India Limited (NPCIL) after Prime Minister Narendra Modi dedicated two home-built 700 MW nuclear power reactors at Kakrapar in Gujarat last week. Presently, the NPCIL operates 24 reactors with a total capacity of 8,180 MWe. The prime minister dedicated units 3 & 4 of Kakrapar Atomic Power Station (KAPS 3 & 4) to the nation on February 22. KAPS-4 was connected to the western power grid on February 20, two days ahead of PM Modi's visit to Kakrapar. KAPS 3 & 4 (2 X 700 MW) are the largest indigenous Pressurised Heavy Water Reactors (PHWR) with advanced safety features comparable to the best in the world, the NPCIL said. "These reactors have been designed, constructed, commissioned, and operated by NPCIL, with the supply of ...

India to add 18 N-power reactors with capacity of 13,800 MWe by 2032: NPCIL
Updated On : 25 Feb 2024 | 5:41 PM IST

India's Nuclear Power Corporation to commission new reactor every year

NPCIL chairman and managing director BC Pathak expressed confidence in India's self-sufficiency in energy security

India's Nuclear Power Corporation to commission new reactor every year
Updated On : 18 Jan 2024 | 4:56 PM IST

NPCIL-NTPC joint venture to build 4,200 MW of nuclear power project

As per the earlier agreement signed on 27.4.2010, the equity holding pattern in Anushakti Vidhyut was to be 51% for NPCIL and 49% for NTPC

NPCIL-NTPC joint venture to build 4,200 MW of nuclear power project
Updated On : 02 May 2023 | 3:03 PM IST

NTPC, NPCIL sign agreement for joint development of nuclear power plants

Joint Venture company to develop Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW

NTPC, NPCIL sign agreement for joint development of nuclear power plants
Updated On : 01 May 2023 | 6:57 PM IST

Government receives dividend tranches from PSUs, NPCIL, UCIL, HAL

The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and Uranium Corporation of India Limited

Government receives dividend tranches from PSUs, NPCIL, UCIL, HAL
Updated On : 31 Mar 2023 | 4:29 PM IST

Budget: NPCIL gets Rs 9,410 cr as India seeks to ramp up nuclear capacity

NPCIL, India's sole nuclear power plant operator, on Wednesday received an allocation of Rs 9,410 crore in the Union Budget for 2023-24 as it sets out to ramp up atomic power generation capacity in the country. The allocation to the Nuclear Power Corporation of India Limited (NPCIL) was an increase of Rs 2,859 crore (more than 43 per cent) over the revised estimate of Rs 6,551 crore of the current fiscal. In addition to the budgetary allocation, the NPCIL will raise an additional Rs 12,863 crore through Internal and Extra Budgetary Resources, which constitutes the resources raised by the PSUs through profits, loans and equity. The Department of Atomic Energy has been allocated Rs 25,078.49 crore which is lower than Rs 25,965.67 crore it had received in the revised estimates in the 2022-23 fiscal. The other public sector companies under the Department of Atomic Energy - Indian Rare Earths Ltd will get Rs 120.30 crore, Uranium Corporation of India Ltd Rs 59.82 crore, and Electronics

Budget: NPCIL gets Rs 9,410 cr as India seeks to ramp up nuclear capacity
Updated On : 01 Feb 2023 | 10:28 PM IST

BHEL dispatches nuclear steam generator to NPCIL for Rajasthan project

State-owned BHEL has dispatched its 42nd nuclear steam generator to NPCIL for installation at a 700 MWe unit in Rajasthan Atomic Power Project

BHEL dispatches nuclear steam generator to NPCIL for Rajasthan project
Updated On : 14 Mar 2022 | 1:23 PM IST

TN flags concern over spent nuclear fuel storage at Kudankulam site

The Tamil Nadu government on Friday opposed the Nuclear Power Corporation of India Limited's proposal to store spent nuclear fuel (SNF) at the Kudankulam Nuclear Power Plant (KNPP) site and suggested it be sent back to Russia, according to an earlier agreement or store it in an uninhabited area. Chief Minister M K Stalin flagged the issue with Prime Minister Narendra Modi in a letter about the issue pertaining to the power plant located in Tamil Nadu's Tirunelveli district. Six nuclear power reactors of 1000 MW each are envisaged in this project. Out of the six, units 1 & 2 have already been commissioned, while 3 & 4 are under construction and units 5 & 6 are yet to be established, Stalin said. "The Nuclear Power Corporation of India Ltd. proposes to construct Away from Reactor (AFR) facilities in the nuclear power plant site itself for the storage of the SNF generated from all six reactors," the Chief Minister said. "In this regard, I wish to inform that when the Ministry

TN flags concern over spent nuclear fuel storage at Kudankulam site
Updated On : 18 Feb 2022 | 9:07 PM IST

State-owned BHEL bags Rs 10,800 crore order from NPCIL

State-owned engineering firm BHEL on Tuesday said it has bagged an order worth Rs 10,800 crore from NPCIL.

State-owned BHEL bags Rs 10,800 crore order from NPCIL
Updated On : 31 Aug 2021 | 11:10 PM IST

BHEL bags Rs 1,405 crore order from NPCIL for 12 nuclear steam generators

State-owned BHEL has bagged an order worth Rs 1,405 crore from the Nuclear Power Corporation of India Ltd for supply of 12 nuclear steam generators.

BHEL bags Rs 1,405 crore order from NPCIL for 12 nuclear steam generators
Updated On : 09 Jul 2021 | 2:53 PM IST

L&T Construction bags major contract to build 2 units of Kudankulam plant

The Kudankulam Nuclear Power Plant is India's first Light Water Reactor (LWR) of six units with a generation capacity of 1000 MWe each

L&T Construction bags major contract to build 2 units of Kudankulam plant
Updated On : 19 Feb 2021 | 12:33 AM IST

NPCIL to build four more atomic power units in 2020, says AEC chief

The KAPS-Unit 3 is the first atomic power unit that would start commercial operations

NPCIL to build four more atomic power units in 2020, says AEC chief
Updated On : 29 Jul 2020 | 9:18 PM IST

Trump's India visit: Westinghouse, NPCIL to sign pact for nuclear reactors

The agreement will lay out timelines and the lead local constructor for the reactors to be built at Kovvada in southern India and also address lingering concerns over India's nuclear liability law

Trump's India visit: Westinghouse, NPCIL to sign pact for nuclear reactors
Updated On : 20 Feb 2020 | 7:24 PM IST