Date:05/12/2008 URL: http://www.thehindu.com/2008/12/05/stories/2008120556381600.htm

Business

Thorium Power signs MoU with Punj Llyod

Special Correspondent

NEW DELHI: U.S.-based nuclear energy company Thorium Power on Thursday entered into a memorandum of understanding (MoU) with Punj Lloyd. Speaking at the signing of the MoU here, President and CEO of Thorium Power Seth Grae said “through this collaboration we will explore the full range of options available to both companies in areas as diverse as marketing our non-proliferative fuel designs, providing advisory services to emerging national nuclear programmes in the nuclear industry.”

Punj Llyod Chairman Atul Punj said and through this partnership both would aim to take forward India’s long-standing commitment to the thorium fuel cycle.