MahaGenco signs MoU with ROSATOM for thorium reactor development

The state-run Maharashtra State Power Generation Company (MahaGenco) and the Russian state-owned nuclear energy corporation ROSATOM on Friday signed a memorandum of understanding for the development of thorium-based Nuclear Reactors with fuel supply in the state. Commercialisation of thorium reactors will be as per the Atomic Energy Regulatory Board (AERB) safety norms.