Maharashtra signed a memorandum of understanding (MoU) with Russia's ROSATOM for the development of a small modular reactor based on thorium fuel.
The MoU aims to jointly develop a thorium reactor, commercialize them, and establish an assembly line under the 'Make in Maharashtra' initiative.
The Maharashtra Institution for Transformation will provide strategic support for the project, following the guidelines of the Government of India and AERB.
A joint working group will be formed to facilitate coordination and research, involving representatives from Mahagenco, Rosatom Energy Projects, MITRA, and Global Technology Alliance.