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ONGC to form JV with NPCIL

ONGC to form JV with NPCIL

ONGC plans to have joint venture (JV) with Nuclear Power Corp of India (NPCIL). The company is to invest aro­und Rs 2,940 crore in 5- 6 years in the project. ONGC plans to buy 49 per cent of the shares of one of the five proposed nuclear plants of NPCIL