Government approves NPCIL-NTPC joint venture for building nuclear plants in Rajasthan

The government has approved a joint venture between NPCIL and NTPC to construct four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The new entity, Anushakti Vidyut Nigam Limited (ASHVINI), will be a subsidiary of NPCIL with a 51% stake. This project aims to boost India's nuclear power capacity to meet its Net Zero targets by 2070.
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