NPCIL Joint Ventures

 

S. No. Name of Joint Venture Date of Incorporation Promoters and Equity Objective
01 NPCIL- Indianoil Nuclear Energy Corporation Limited - NINECL (CIN - U40104MH2011GOI215870) 6th April, 2011 NPCIL and IOCL (74:26 equity) To harness and develop nuclear energy for generating electricity on a commercial basis.
02 Anushakti Vidhyut Nigam Limited – ASHVINI (CIN - U40300MH2011GOI212727) 27th January, 2011 NPCIL and NTPC (51:49 equity) To harness and develop nuclear energy for generating electricity on a commercial basis. On September 11, 2024 the Government of India authorized ASHVINI, a subsidiary of NPCIL and JV between NPCIL & NTPC to Build, Own & Operate Nuclear Power Plants in India. ASHVINI is implementing four indigenous PHWRs of 700 MWe capacity each (4 x 700 MWe) at Mahi Banswara in the state of Rajasthan.