The shares of National Aluminium Company (Nalco) are trading up by 2.23% at Rs 348.50 at the Bombay Stock Exchange (BSE).

Nalco has come up with a plan to set up nuclear power plant in south Orissa’s Ganjam worth Rs 12,000 crore. For this, the company is in talks with Nuclear Power Corporation of India (NPCIL).

Shares of Nalco have touched an intra-day high of Rs 348.90 and low of Rs 342. The total volume of the shares traded stood at 52,232.

It is going to be the first nuclear power plant in the country after the signing of the Indo-US nuclear deal.

Earlier, NPCIL also projected to set up a huge nuclear power plant at Gopalpur, south of Orissa.