NTPC eyes experts for nuclear foray

By agencies   |   Thursday, 09 March 2006, 20:30 IST
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NEW DELHI: Thermal power giant NTPC Ltd on Thursday said it was looking for consultants for advise on its nuclear foray. "We are looking for consultants right now. We will have to examine a lot of factors such as the capital cost of setting up a nuclear power plant and fuel availability," NTPC Chairman and Managing Director C P Jain said. State funded NTPC, which is in talks with government monopoly Nuclear Power Corporation of India Ltd for a possible joint venture, plans to set up 2,000 MW of nuclear capacity by the end of 12th plan (2012-17). Jain said the company would approach the government for approval at an appropriate time and only after studying all such factors on whether it is viable to enter the sector. "It is too early to say when we will approach the government or get other approvals," Jain said. NTPC, along with Tata Power and Anil Ambani-controlled Reliance Energy, is among the companies who have evinced interest in entering the nuclear power segment, provided the government opens up the sector.