NTPC ramps up nuclear push with new projects

NTPC Limited, India’s power giant, doubles down on its nuclear ambitions, signaling a bold shift from its coal-heavy roots. The state-run firm, now boasting 76,443 MW of capacity, is eyeing a massive expansion into nuclear energy, with plans to hit 2,000 MW by 2032 and 20,000 MW by 2050. This comes hot on the heels of its new subsidiary, NTPC Parmanu Urja Nigam Ltd, launched in January, and a joint venture with the Nuclear Power Corporation of India Limited (NPCIL) called Anushakti Vidhyut Nigam Ltd (ASHVINI), greenlit last September.

The action’s already underway. ASHVINI’s first gig—the Mahi Banswara Rajasthan Atomic Power Project—packs four 700 MW reactors, handed over from NPCIL with a hefty investment nod exceeding ₹50 billion each from both partners. NTPC’s sniffing out more sites, too, chatting with states like Andhra Pradesh (think Nellore or Prakasam) and Bihar for fresh nuclear plants. Chairman Gurdeep Singh’s vision is clear—mix big reactors with small modular ones, aiming for 30 GW by 2045, all to chase India’s net-zero 2070 dream.

It’s a gritty pivot. India’s nuclear capacity sits at 8,180 MW today, a sliver of the energy pie, but the goal’s 22,800 MW by 2031-32. NTPC’s edge? It’s a public sector player, sidestepping legal waits that hobble private firms under the Atomic Energy Act. Still, the Fukushima shadow looms—safety, waste, costs at ₹7.36 per unit—leaving folks wondering if this bet’s as clean as it sounds. The hum of possibility’s there, though; could this spark a nuclear boom?

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