The agreement includes a Memorandum of Understanding (MoU) to utilize CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel, which integrates thorium and high assay low-enriched uranium. This fuel is designed for use in pressurized heavy water reactors, such as CANDU reactors.

ANEEL fuel promises to significantly lower life-cycle operating costs and reduce waste by over 85%, while also improving safety with its Accident Tolerant Fuel characteristics. It aims to enhance energy security through large-scale thorium deployment, decreasing reliance on uranium.

L&T emphasized that the ANEEL fuel will support clean energy initiatives, promote non-proliferation, enhance safety, and contribute to the decarbonization of challenging industries. Anil Parab, L&T's Whole-time Director, highlighted the company's commitment to identifying new opportunities and establishing a robust supply chain for ANEEL fuel, aligning with Indian regulations.