New Delhi: NTPC Limited is actively exploring multiple international collaborations in technology and fuel to accelerate its nuclear energy ambitions, aiming to diversify India’s energy generation mix. The state-owned power giant is planning to develop around 30 GW of company-owned nuclear projects across various locations, aligning with the government’s goal of achieving 100 GW of nuclear capacity by 2047. NTPC sources indicate the company is targeting 2 GW of nuclear capacity as early as 2032.
Strategic Global Collaborations
NTPC has entered into non-disclosure agreements (NDAs) with global energy players Rosatom (Russia) and EDF (France) to explore collaboration on deploying large pressurized water reactor projects in India. These partnerships are part of NTPC’s strategy to bring advanced nuclear technology into the country.
Additionally, NTPC is engaging with Holtec International to explore small modular reactors (SMRs) for future nuclear projects. SMRs are considered advantageous due to modular construction, enhanced safety features, and suitability for phased deployment.
The company is also evaluating a minority equity investment in US-based Clean Core Thorium Energy (CCTE), which has developed a patented thorium and enriched uranium nuclear fuel called ANEEL, compatible with existing PHWR/CANDU reactors. This investment, still subject to regulatory approvals and due diligence, is part of NTPC’s strategy to gain early access to next-generation nuclear fuels.
Read also: NTPC Green Energy Commissions 69.04 MW Khavda-I Solar Project in Gujarat, Boosts Renewable Capacity
Land Acquisition and Regulatory Approvals
NTPC is actively evaluating potential sites in Gujarat, Madhya Pradesh, Bihar, Andhra Pradesh, and other states for its nuclear projects. Final locations will be confirmed after receiving approval from the Atomic Energy Regulatory Board (AERB).
Currently, NTPC is constructing a nuclear project in a joint venture with Nuclear Power Corporation of India Ltd (NPCIL) in Rajasthan, with a projected investment of around Rs 42,000 crore. Recent legislative changes have made India more attractive for nuclear investment, further accelerating NTPC’s nuclear expansion plans.
About NTPC
Established in 1975 as a thermal power generator, NTPC Limited, a public sector undertaking (PSU), has steadily diversified into coal, gas/liquid fuel, hydro, solar, and now nuclear power. The company has a group-level installed capacity exceeding 85,000 MW, making it India’s largest power producer. NTPC’s expansion into nuclear energy reflects its commitment to supporting India’s energy security and the transition to cleaner and more sustainable power sources.
