Janardhana Reddy The Uranium Corporation of India and the Karnataka government has signed a memorandum of understanding to set up a uranium ore mining and processing plant in Karnataka. UCIL proposed to invest Rs 550 crore in the plant at Gogi, Saidapur, Diggi and Umardoddi villages at Shahapur taluk of Karnataka’s Yadgir district, a release said here on Monday.

The Karnataka government would help UCIL to obtain permissions, registrations, approvals and clearances from the concerned departments as per the existing policies and rules and regulations of the state government, it said.