NTPC forays into nuclear energy business
State-run power giant NTPC Ltd on January 7 announced the incorporation of its wholly owned subsidiary, NTPC Parmanu Urja Nigam Ltd, (NPUNL) to spearhead its nuclear energy initiatives.
NPUNL has been established to undertake the planning, development, and operation of nuclear energy projects for electricity generation and related purposes. The subsidiary will focus on building, owning, and managing nuclear power stations, promoting research and development, and identifying suitable sites for nuclear facilities.