Question

Details of joint venture company npcl-locl

Answer 1

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The joint venture company between NTPC and NPCIL, Anushakti Vidhyut Nigam, is facing legal issues, as under the law only government or its agencies can undertake activities in the atomic field, a senior government official said here today.

CBS Venkataramana, Additional Secretary, Department of Atomic Energy, also said the government's ambitious target of creating 20,000 mw nuclear power may not be achievable under the current conditions.

"There is a small legal problem (for the tie-up between NTPC and Nuclear Power Corporation of India). Under the Atomic Energy Act, activities in the nuclear field are exclusively limited to the Government of India and PSUs owned by the GOI.

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Answer 2

Explanation:

BMW and Toyota co-operate on research into hydrogen fuel cells, vehicle electrification and ultra- lightweight materials. West Coast – joint venture between Virgin Rail & Stagecoach.In a joint venture between two corporations, each corporation invents an agreed upon portion of capital or resources to fund the venture. A joint venture may have a 50-50 ownership split, or another split like 60-40 or 70-30.