India power giant seeks uranium assets overseas in nuclear push

Company News · Mining.com ·

India power giant seeks uranium assets overseas in nuclear push

India's largest power producer, state-controlled NTPC, is seeking to invest in overseas uranium mines to secure fuel for the 30 gigawatts of nuclear capacity it plans to build over the next two decades. NTPC has issued a tender to identify potential assets in Canada, Australia, Kazakhstan and South Africa, with bids due July 16, as India targets an elevenfold expansion of atomic power by 2047.

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