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PVT COs CAN OWN MAX 26% IN NUKE JVs (private sector to be allowed to set up nuclear power units only in joint venture with Nuclear Power Corporation with equity participation limited to 26%).

India Business Insight

| December 13, 2008 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Private sector participation in nuclear power generation will only be through joint ventures (JV) with Nuclear Power Corporation and its investment will be limited to 26 percent equity in such ventures. Private sector will not be allowed to set up units on its own. Changes in the existing law are being contemplated …

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