NPCIL, India’s sole nuclear power plant operator, on Wednesday received an allocation of Rs 9,410 crore in the Union Budget for 2023-24 as it sets out to ramp up atomic power generation capacity in the country.
The allocation to the Nuclear Power Corporation of India Limited (NPCIL) was an increase of Rs 2,859 crore (more than 43 per cent) over the revised estimate of Rs 6,551 crore of the current fiscal.
In addition to the budgetary allocation, the NPCIL will raise an additional Rs 12,863 crore through Internal and Extra Budgetary Resources, which constitutes the resources raised by the PSUs through profits, loans and equity.
