NTPC Limited — Updates, 09-01-2025: Amendment(s)

NTPC Limited has signed a Supplementary Joint Venture Agreement-2 (SJVA-2) with Nuclear Power Corporation of India Limited, amending the original Joint Venture Agreement from April 2010. This update restructures the joint venture company ASHVINI, adjusting the shareholding ratio to 51:49 in favor of NPCIL, and transferring the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) to ASHVINI. The authorized share capital is set to increase from ₹5 Crore to ₹15,000 Crore. This strategic move could enhance NTPC's growth prospects in the nuclear power sector, reflecting a positive outlook for investors interested in renewable energy initiatives.