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Punj Lloyd, Thorium Power sign MoU

Business

Punj Lloyd Ltd has entered into a memorandum of understanding with US-based Thorium Power Ltd to establish a framework to explore and identify the strengths of Thorium Power Ltd in the areas of deployment of its nuclear fuel designs in India, Southeast Asia and other territories.

The agreement is also for expanding consulting activities for the development of nuclear power regionally or worldwide.

Thorium Power Ltd is a pioneering US nuclear energy company based in McLean, VA.

The company develops non-proliferative nuclear fuel technology and provider of comprehensive advisory services for emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence.

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