>>Nuclear Energy Options for India: Next Gold Rush

Indian companies are showing interest to be part of nuclear club. It is going to be next gold rush for the India Inc. Now after approval of International Atomic Energy Association (IAEA), it has become a possibility for all Indian Companies to venture in to nuclear power business. ONGC Limited is going to start a new mining uranium company with Uranium Corporation of India(UCIL) on 24: 76 joint venture basis. This collaboration will
Allow ONGC to venture in to exploration of hydrocarbons to commercially exploit Uranium. All global companies are keen to enter nuclear power generation area. JSW steel has announced that it will also move in to new arena. In 2009 and the Future there will be lot of companies lining in India to take up initiatives in the Emerging gold rush area.

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