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NTPC, Nuclear Corp tie-up

NTPC Ltd and Nuclear Power Corporation of India Ltd (npcil) would jointly invest around Rs15,000 crore in the next eight years to set up nuclear power plants in the country. The two public sector corporations have signed an MoU to form a joint venture company to undertake nuclear power projects. The first project, a 2,000-mw nuclear power unit, is expected to come up by 2017.