The state-owned units of India's Department of Atomic Energy (DAE) performed well in 2017: Nuclear Power Corporation of India Limited's 2017 profit of $482 million was its highest ever; Uranium Corporation of India Ltd., achieved its highest ever production; and fuel cycle company Nuclear Fuel Complex achieved 115% of its...
India may buy overseas Uranium mines and assets
India's Atomic Energy Commission has recommended setting up of a joint venture company between the Nuclear Power Corporation of India and the Uranium Corporation of India to explore the possibility of acquiring uranium assets abroad, minister of state in the Prime Minister's Office V. Narayanasamy informed India's upper house of...
India Uranium Mine much larger than initial estimates
The Tummalappalle uranium mine in the Cuddapah district of Andhra Pradesh in southern India has the potential to become among largest uranium mines in the world, according to Dr. Srikumar Banerjee, Chairman of the Department of Atomic Energy. Estimates went up from 14,000 tonnes to 49,000 tonnes and there is...