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Government of India Approves Joint Venture ASHVINI to Expand Nuclear Energy Capacity

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India forms ASHVINI JV with NPCIL & NTPC to expand nuclear power, starting with Mahi Banswara project, aiming for net-zero targets by 2070.

Neelima N M

Published on 19th September 2024

The Government of India formally approved establishing Anushakti Vidhyut Nigam Ltd. (ASHVINI) to increase India’s nuclear energy capacity.

ASHVINI, a joint venture (JV) between the Nuclear Power Corporation of India Limited (NPCIL) and the National Thermal Power Corporation Limited (NTPC), has a shareholding ratio of 51% and 49%, respectively.

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