India's ONGC will expand into nuclear industry

10/6/2008 | (India)

Now that the U.S. has signed a nuclear trade agreement with India, the country's Oil and Natural Gas Corporation has announced it intends to expand into nuclear energy. ONGC Chairman R.S. Sharma says the board has given the go-ahead for a memorandum of understanding with the Uranium Corporation of India to explore for uranium in India and elsewhere.

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