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• NTPC is preparing to submit its first feasibility study for a standalone nuclear power project to the Department of Atomic Energy.
• The company is targeting at least 2 GW of nuclear power capacity by 2032 through independently developed projects.
• NTPC is conducting feasibility studies in multiple states and has received approval for a proposed study in Bihar’s Banka district.
• The company plans to develop around 30 GW of nuclear capacity across 14 states in line with India’s 100 GW nuclear power target by 2047.
NTPC Ltd is preparing to submit its first completed feasibility study for a standalone nuclear power project to the Department of Atomic Energy (DAE), marking a significant step in the company’s plans to expand into nuclear power generation. According to sources cited in reports published over the past week, the company will seek approval from the DAE to proceed with the proposed project. Advertisement
The proposed approval would enable NTPC to begin work on its first independently developed nuclear power project in India. The state-run power producer has set a target of achieving at least 2 GW of nuclear power capacity by 2032 as part of its broader diversification strategy.
Sources stated that NTPC has completed a feasibility study in one state and is conducting similar assessments in two additional states. The company has also received support from the Bihar government to undertake a feasibility study for a proposed nuclear power project in Banka district.
According to reports, the proposed Bihar project could initially comprise two 700 MW nuclear power units, with the possibility of expansion to four units, taking the total planned capacity to 2.8 GW. Industry estimates cited in reports indicated that the project could involve investments of around INR 56,000 crore if expanded to the full planned capacity.
The feasibility studies being undertaken by NTPC include assessments related to land availability, water access, investment requirements and supporting infrastructure. As per the approval process, the Standing Site Selection Committee of the DAE reviews such proposals and, if found technically feasible, forwards them to the Atomic Energy Commission for further consideration.
Sources stated that NTPC is evaluating locations in states including Gujarat, Andhra Pradesh, Maharashtra, Madhya Pradesh and Bihar for future nuclear projects. The company is targeting development of around 30 GW of nuclear capacity across at least 14 states as part of its long-term expansion plans aligned with the government’s objective of increasing India’s nuclear power capacity to 100 GW by 2047.
Industry estimates cited in the reports suggested that establishing 1 GW of nuclear power capacity typically requires investments of INR 15,000 crore to INR 20,000 crore. The reports also noted that nuclear projects require substantial water availability and land buffers as part of regulatory and operational requirements.
NTPC currently operates generation assets across coal, gas, hydro and renewable energy segments with a group-level installed capacity of more than 89 GW. In the nuclear sector, the company is already participating in the Mahi Banswara Rajasthan Atomic Power Project through its joint venture with Nuclear Power Corporation of India Ltd under Anushakti Vidhyut Nigam Ltd. The Rajasthan project involves four 700 MW units with an estimated investment of around INR 42,000 crore.
Source- PTI
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