The government has approved the transfer of the Mahi Banswara Rajasthan atomic power project from NPCIL to ASHVINI.

Indian government granted formal approval to ASHVINI, allowing it to take over the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), which will u

Additionally, the government also approved  the transfer of  Mahi Banswara Rajasthan Atomic Power Project with a capacity of 4x700 MW based on indigenous pressurized heavy-water reactor technology from NPCIL to the JV company.

ASHVINI, with NPCIL holding 51% and NTPC 49% stake, will operate under the provisions of the Atomic Energy Act.

Anushakti Vidhyut Nigam Limited, the JV entity of NPCIL and NTPC, has received the approval from the govt to build, own and operate nuclear power plants in India in accordance with provisions of the Atomic Energy Act 1962.

The United Aarb Emirates or UAE has inked an agreement with India that provides a framework for giving services for operation and maintenance of nuclear power plants in the emirate.

On September 11, 2024, the government accorded approval to the Anushakti Vidhyut Nigam Ltd (ASHVINI), a joint venture (JV) of Nuclear Power Corporation of India Limited (NPCIL) and NTPC Ltd to Build,