NTPC Eyes 700–1600 MW Nuclear Plants across India

According to a senior business executive, state-owned electricity producer NTPC intends to establish nuclear power facilities with 700 MW, 1,000 MW, and 1,600 MW capacities across the nation.

By 2047, NTPC hopes to have 30% (30 GW) of India's planned 100 GW nuclear capacity. According to industry estimates, a 1-GW nuclear facility takes at least three years from idea to commissioning and requires an investment of Rs 15,00020,000 crore.

The official provided updates on the company's intentions for nuclear growth, stating that NTPC is now assessing land opportunities in a number of states, including Andhra Pradesh, Gujarat, Madhya Pradesh, and Bihar.

"The capacities of the nuclear projects would be 700 MW, 1,000 MW and 1,600 MW," said the official who is involved in the company's strategic planning.

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In states designated and authorized by the Atomic Energy Regulatory Board (AERB), NTPC will move on with nuclear development.

"The AERB will approve the sites, and NTPC will accordingly implement the projects," the official added.

Additionally, the corporation has started working on raw materials and is looking into purchasing uranium assets abroad.

The main fuel utilized in nuclear reactors is uranium, a naturally occurring metallic element.

A draft agreement for cooperative techno-commercial due diligence of uranium assets overseas has already been signed by NTPC and Uranium Corporation of India Ltd. (UCIL).

In terms of technology, NTPC intends to use locally produced pressurized heavy-water reactors (PHWRs) for the 700 MW and 1,000 MW units.