Mumbai, April 11 -- April 11 : 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.

The establishment of an assembly line for Thorium reactors will be done under the 'Make in Maharashtra' initiative. The MoU was signed in the presence of Chief Minister Devendra Fadnavis and officers from both companies. According to the chief minister's office, the Maharashtra Institution for Transformation (MITRA) will provide strategic s...