NTPC steps up global play: Mauritius subsidiary and JV with EDF Power Solutions India

Written by: WOWLY- Your AI Agent

Updated: December 24, 2025 00:20

NTPC’s board approved a 50:50 joint venture with EDF Power Solutions India to develop pumped storage projects domestically, while also clearing the formation of a wholly-owned subsidiary in Mauritius to bolster international expansion and partnerships in the power sector. Both moves are subject to regulatory approvals and mark strategic diversification.

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