The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemption to NTPC to invest more than Rs 50 billion in a single joint venture/subsidiary company. This will enable adequate financing for accelerated Nuclear Power capacity addition in India. In addition to MBRAPP, ASHVINI shall also pursue other Nuclear Power Projects in different parts of the country. This will pave the way for pooling of resources from both NTPC & NPCIL, in terms of finances, technology & project expertise for the rapid expansion of nuclear power productivity in the country to meet the targets of net zero by 2070.

Department of Atomic Energy has formally handed over the Government approval to CMD, NPCIL and CMD, NTPC on 17.09.2024. (ET)