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Private sector be allowed to set up nuclear power plants: Jindal

By Staff
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Google Oneindia News

Raigarh, Chhattisgarh, Aug 8 (UNI) India's leading steel maker and power company Jindal Group has demanded that permission be given to the private sector to set up nuclear power plants in the country on the implementation of the Indo-US nuclear deal.

''Private sector should be granted permission to set up nuclear power plants and their participation ensured. Terms and conditions could be fixed for this,'' Jindal Steel and Power Limited Vice-Chairman and Managing Director Naveen Jindal told reporters here last night.

He said Jindal Group is interested in establishing nuclear power plants. The company will take initiative when the Indo-US nuclear deal is implemented and decision is taken to involve the private sector.

Jindal Group released 'Mission 2020' yesterday. According to it, the company will invest Rs three lakh crore by 2020. A target has been set to increase steel production to 30 million tonne per year and increase power production capacity from 1,500 MW to 15,000 MW by 2020.

UNI AS-PS AK BD1550

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