In a significant step towards advancing clean energy technology, the Maharashtra Government signed a Memorandum of Understanding (MoU) on Thursday with Russia’s state-owned nuclear energy corporation ROSATOM for the joint development of a thorium-based nuclear reactor.

The agreement was signed at the Sahyadri Guest House in Mumbai, in the presence of Maharashtra Chief Minister Devendra Fadnavis. The MoU was signed between Mahagenco and ROSATOM's 'Small Modular Reactor with Thorium Fuel' initiative.