NTPC Parmanu Urja Nigam Update: There is nice information for the shareholders of NTPC, the nation’s largest energy technology company. After thermal and inexperienced energy, the company can be going to enter the sphere of nuclear energy and the company has additionally began it. NTPC has fashioned a new subsidiary company by the identify of NTPC Parmanu Urja Nigam Ltd to enter the sphere of nuclear energy.
NTPC’s entry in nuclear energy business
NTPC, in a regulatory submitting with the stock exchanges, whereas sharing the data below the SEBI rules in view of the legal responsibility obligations and disclosure necessities, stated that on January 7, 2025, NTPC Nuclear Energy Corporation Limited (NPUNL) might be included to enter the nuclear energy business. A new subsidiary company of NTPC has been established. The possession rights of this new company might be utterly with NTPC Limited.
The new company has the accountability of increasing the nuclear energy business.
NTPC stated that the target of NTPC Atomic Energy Corporation Limited is to create and implement an built-in program for the use and growth of nuclear energy for electrical energy technology and different wants on a business foundation and likewise as an agent for the manufacturing, administration of nuclear energy. , from working, selling analysis and growth, to choosing acceptable places for nuclear energy stations and all kinds of auxiliary services. Is.
DIPAM and NITI Aayog gave inexperienced sign
The company stated in its regulatory submitting that the Ministry of Energy of the Government of India had despatched a proposal to DIPAM and NITI Aayog on September 11, 2024, and each had given permission to NTPC to type a subsidiary company to enter the nuclear energy business. Got approval.
NTPC shares will get wings!
After the formation of NTPC Atomic Energy Corporation Limited to enter the nuclear energy business, the stock of NTPC Limited is buying and selling at Rs 327.25 with a decline of 0.49 % in the buying and selling session of January 8, 2024.
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