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Page last updated at 11:52:51 IST, Friday, 28 January 2011 News Feeds ::
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JV Company of NTPC and NPCIL Formed
merisarkar news service, New Delhi, January 28, 2011
 
NTPC-NPCIL-JV-Company.jpg
Anushakti Vidhyut Nigam Ltd formed
India's leading public sector power producer NTPC informed that a joint venture company between NTPC Limited (NTPC) and Nuclear Power Corporation of India Limited (NPCIL) has been incorporated on Thursday under the name "Anushakti Vidhyut Nigam Limited".

NPCIL shall hold 51% of the equity share capital and NTPC shall hold the balance 49% of the equity share capital of the Company.

This Company has been formed for the purpose of development of nuclear power projects in the country within the framework of Atomic Energy Act, 1962.
 
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