NTPC and NPCIL struck a deal to build nuclear power plants

Current Context: NTPC Ltd. has signed a supplementary joint venture agreement with Nuclear Power Corporation of India Ltd. (NPCIL) for development of nuclear power projects. The agreement was signed on May 2, 2023 in New Delhi.

• The joint venture company will develop two pressurized heavy-water reactor (PHWR) projects, which are Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW.
• The joint venture company is called ASHVINI and it will have equal (50:50) partnership/shareholding of NTPC and NPCIL
• These projects were identified as a part of fleet mode nuclear projects. 

Question:

Q.1 Which two companies signed a joint venture agreement to develop nuclear power projects in India?
a. NTPC and NPCIL
b. NTPC and BHEL
c. NPCIL and NHPC
d.NPCIL and BARC