NTPC Limited Forms Wholly Owned Subsidiary for Nuclear Energy Business

NTPC Limited has formed a wholly owned subsidiary, NTPC Parmanu Urja Nigam Limited, for undertaking nuclear energy business. The subsidiary was incorporated on 07.01.2025. NTPC Limited has subscribed to 50,000 equity shares at the face value of ¥10/- each, holding 100% shareholding and control. The subsidiary's objective is to carry on the business of planning and executing an integrated programme for harnessing and developing nuclear energy for generating electricity or other purposes on a commercial basis.