New Delhi, May 22 (UNI) The Government today authorised the Board of Nuclear Power Corporation of India (NPCI) to start the process of acquiring land for future nuclear power projects, in advance of financial sanction, after a site for locating nuclear reactors is identified.
''This will considerably reduce the time of implementing the projects,'' Finance Minister P Chidambaram said after the meeting of the Cabinet Committee on Economic Affairs that gave the approval in this regard.
At present, financial sanction is first required and then the process of acquiring land through the state machinery is initiated, which is a lengthy process.
''Now, this time will be reduced by months,'' Mr Chidambaram said.
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