NTPC forms SPV to develop nuclear power plants
On January 7, 2025, NTPC Limited incorporated NTPC Parmanu Urja Nigam Limited (NPUNL), a special purpose vehicle (SPV) for the implementation of Nuclear Power Plants (NPPs). The Ministry of Power (MoP) has confirmed the approval for the SPV formation, with concurrence from the Department of Investment and Public Asset Management (DIPAM) and NITI Aayog. The…