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Four PSUs to pump Rs 450bn into nuclear power projects

India Infoline News Service/ 11:51 , Jun 01, 2012

Reports stated that NPCIL has alongside lined up €7 bn of credit from foreign banks.

Four public sector majors is planning to invest in Rs 450bn to fund the equity portion of the several planned nuclear power projects in the country, according to reports.

Reports stated that NPCIL has alongside lined up €7 bn of credit from foreign banks.

While NPCIL itself has Rs 150bn, three other PSUs – NTPC, Nalco and IOC – have agreed to bring in Rs 100bn each, reports said.

 



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