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NPCIL and NTPC Ltd's joint venture, Ashvini, is set to invite bids for an Engineering, Procurement and Construction (EPC) contract worth approximately INR 28,000 crore for the nuclear island package of the Mahi Banswara Rajasthan Atomic Power Project. The tender marks a significant milestone in India's nuclear power expansion, with the project expected to strengthen clean energy capacity and support long-term electricity demand. The development also creates substantial opportunities for engineering, construction and infrastructure companies.
NPCIL and NTPC Ltd's joint venture, Ashvini, is preparing to invite bids for an Engineering, Procurement and Construction (EPC) contract valued at approximately INR 28,000 crore for the nuclear island package of the Mahi Banswara Rajasthan Atomic Power Project. The proposed tender represents one of the largest contracts in India's nuclear power sector and is expected to attract major domestic engineering and infrastructure companies.
The EPC package covers the construction of the nuclear island, which comprises the reactor building and other safety-critical infrastructure forming the core of a nuclear power plant. According to reports, the tender is expected to be floated shortly, marking a key step in advancing the multi-unit project in Rajasthan.
The Mahi Banswara Rajasthan Atomic Power Project is being developed by Ashvini, the joint venture between Nuclear Power Corporation of India Ltd (NPCIL) and NTPC Ltd. The project forms part of the Government of India's broader strategy to accelerate nuclear power generation as the country seeks to diversify its energy mix while reducing dependence on fossil fuels.
Industry sources indicate that the EPC contract is likely to generate significant interest among India's leading infrastructure, heavy engineering and construction firms, given its scale and technical complexity. The project is expected to involve advanced engineering capabilities, specialised civil construction and the installation of sophisticated nuclear systems under stringent regulatory standards.
The development aligns with India's ambitious clean energy objectives and growing electricity requirements. Nuclear power is increasingly viewed as an important source of reliable, low-carbon baseload electricity that complements renewable energy sources such as solar and wind. As electricity demand continues to rise due to urbanisation, industrialisation and economic growth, expanding nuclear capacity remains a strategic priority.
The Rajasthan project is also expected to stimulate economic activity through employment generation, procurement opportunities and the development of supporting infrastructure during both the construction and operational phases. Large nuclear projects typically create demand across multiple sectors, including steel, cement, heavy equipment manufacturing, electrical systems and specialised engineering services.
The proposed tender follows recent approvals and investments announced across India's power sector as both public and private entities accelerate capacity expansion to meet future energy needs. Alongside renewable energy investments, the government has continued to support nuclear projects to ensure long-term energy security and grid stability.
Once bids are invited and the EPC contractor is selected, construction activities are expected to gather momentum, bringing the Mahi Banswara Rajasthan Atomic Power Project closer to execution. The project is anticipated to become a significant addition to India's nuclear power infrastructure and contribute to the country's long-term transition towards cleaner and more diversified energy generation.
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