Home Industry Energy UAE’s ENEC, India’s NPCIL to explore civil nuclear energy collaboration The MoU allows for future investment opportunities further reinforcing the special strategic relationship between the UAE and India by Gulf Business September 11, 2024 Image: Supplied Emirates Nuclear Energy Corporation (ENEC) and India’s Nuclear Power Corporation of India Limited (NPCIL) have signed a memorandum of understanding (MoU) to collaborate on the development and operation of civil nuclear energy programmes. The MoU was signed in New Delhi by NPCIL chairman and MD Bhuwan Chandra Pathak and ENEC MD and CEO Mohamed Al Hammadi. This agreement marks the first nuclear cooperation initiative between the UAE and India, aiming to strengthen the strategic relationship between the two nations and promote decarbonisation of the energy sector. ENEC-NPCIL to collaborate in many areas within the nuclear sector Under the MoU, ENEC and NPCIL will work together in several key areas, including the exchange of operational expertise, supply chain development, human resources training, and the provision of nuclear consulting services. The MoU also paves the way for potential future investments and joint research and development projects. “This agreement represents a significant step toward our goal of tripling global nuclear energy capacity by 2050,” said Al Hammadi. “By leveraging NPCIL’s expertise and our strong bilateral ties with India, we are advancing the development of carbon-free, reliable electricity that nuclear energy provides 24/7. ENEC’s success with the Barakah Nuclear Energy Plant, which now supplies 25 per cent of the UAE’s electricity, underscores our ability to partner, develop, and invest in future nuclear projects globally,” he added. ENEC has signed over 100 MoUs with 16 countries to foster knowledge sharing and collaboration with nations that already utilise nuclear energy or are looking to develop their programmes. Read: Barakah Nuclear Plant’s Unit 4 begins commercial operations Tags Emirates Nuclear Energy Corporation ENEC energy Nuclear Nuclear Power Corporation of India Limited You might also like Natural gas demand rises in 2024, but supply challenges persist: IEA TAQA prices $1.75bn dual-tranche bond offering, includes green bond OPEC+ panel sticks to output policy, doubles down on compliance OPEC+ doing ‘noble’ job of balancing oil market, says UAE