New Delhi, Sep 28 (PTI) State-owned NTPC will appoint a consultant to identify uranium mines overseas after signing a formal agreement with Uranium Corporation of India Ltd (UCIL), a company official said.

The move will be part of the company's plan to secure raw material for its future nuclear projects to be set up on individual basis.

At present, NTPC is setting up a nuclear project in a joint venture (JV) with Nuclear Power Corporation of India Ltd (NPCIL) in Rajasthan at an investment of about Rs 42,000 crore. While NTPC has 49 per cent stake in ASHVINI, NPCIL has majority 51 per cent shareholding.

Prime Minister Narendra Modi on Thursday laid the foundation stone of 4x700 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) being set up by JV entity Anushakti Vidhyut Nigam Ltd

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