Under the MOU, REC will finance the capital outlay and provide financial consultancy and services to NPCIL.

REC’s offering will help NPCIL’s large capacity addition program of setting up nuclear power reactors based on indigenous and foreign technology.

NPCIL is a public sector undertaking under the administrative control of Department of Atomic Energy and Government of India.

REC is a public sector undertaking under the administrative control of Ministry of Power.