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Government approves NPCIL-NTPC JV for nuclear plants in Rajasthan

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The Indian government has approved a joint venture (JV) between the Nuclear Power Corporation of India (NPCIL) and National Thermal Power Corporation (NTPC) to develop four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The JV, named Anushakti Vidyut Nigam (ASHVINI), has been authorized to build, own, and operate nuclear power plants in India.

ASHVINI, a subsidiary of NPCIL with a 51% stake, will implement the 4×700 MW Pressurised Heavy Water Reactors (PHWR) at the Mahi Banswara project. This partnership will pool financial and technical resources to boost India’s nuclear power capacity.

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Avantus, Toyota Tsusho America begin construction of Norton Solar Project in Texas

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