NEW DELHI, May 5 (Reuters) - India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms, two government sources told Reuters, as part of a push for cleaner energy.
Under India's Atomic Energy Act 1962, the government plays a central role in developing and running nuclear power stations.
The panel has recommended changes to the act and to India's foreign investment policies so that both domestic and foreign private companies can complement nuclear power generation by public companies.
India does not allow foreign investment in the nuclear power sector.
State-run Nuclear Power Corp of India Ltd. (NPCIL) and Bharatiya Nabhikiya Vidyut Nigam are the only two nuclear power generators in India.
Thermal power company NTPC (NTPC.NS) and oil marketing firm Indian Oil Corp (IOC.NS), both government-controlled, have formed partnerships with NPCIL for nuclear power.
India's current nuclear power capacity is 6,780 MW and it is adding 21 more units with a capacity of 7,000 MW by 2031. »
![image for A Canadian goose that comes back year after year to lay her eggs in my neighbor's plant pot [OC]](5bc4f005-3339-57f3-b1ed-b2fe34d9301f_thumb.jpg)
