Govt. amends Atomic Energy Act enabling NPCIL to form joint venture firms

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New Delhi, Feb. 24 (ANI): The Centre on Wednesday amended sections 2 and 14 of the Atomic Energy Act 1962 through the Atomic Energy (Amendment) Bill 2015, enabling the Nuclear Power Corporation of India (NPCIL) to form joint venture companies with other Indian PSUs to meet the additional funding requirements for further expansion of nuclear power programme, while simultaneously exercising its control over such joint venture companies.

Union Minister of State for Atomic Energy and Space Jitendra Singh said this in reply to a question in Lok Sabha on Wednesday.

The Bill was passed by Parliament in the Winter Session and enacted on December 31.

The security of nuclear power plants is governed by detailed codes and guides prescribed by the Atomic Energy Regulatory Board (AERB), which has rigorous process for reviewing safety and security aspects of nuclear power projects through multi-tier reviews, apart from periodic regulatory inspections to ensure adherence to these requirements.

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This information was divulged by Union Minister of State (Independent Charge) for Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances and Pensions, Atomic Energy and Space Jitendra Singh in reply to a unstarred question in Lok Sabha today. (ANI)

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