NTPC in talks with foreign nuclear firms for small reactors
NTPC is in talks with foreign firms including those from Russia and the U.S. for construction of small nuclear reactors, a top executive said on Thursday.
Talks for these small modular reactors (SMR) — which have simpler designs than traditional large nuclear plants and can be scaled up to meet demand — come days after the country decided to allow private investments in the sector.
«We have spoken to a Russian company that has an operating small modular reactor, and several other firms like U.S.' Holtec International Corp have also approached us,» said Prasenjit Pal, executive director and head of nuclear wing at NTPC.
Pal did not identify the Russian company and other U.S. companies, while Holtec did not immediately respond to Reuters' request for comment.
NTPC has sought government permission to take forward the discussions, Pal said, but added that no country apart from China and Russia has operating SMR systems.
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