NTPC Ltd begins its nuclear energy expansion next month when officials lay the foundation stone for a Rajasthan facility. The Banswara location will house four pressurised heavy water reactors generating 700 megawatts each. Chairman Gurdeep Singh announced aggressive nuclear development plans targeting 30 gigawatts by 2047. The state-owned power company partners with Nuclear Power Corporation of India Limited while maintaining a 49 percent ownership stake. Operations at the first reactor unit should commence in 2031, with complete plant functionality expected by 2036.
The company explores partnerships with Tata Consulting Engineers, L&T, EDF, Rosatom, and Holtec for future projects. Multiple sites across India undergo evaluation for additional nuclear installations. Singh predicts the nation will achieve 10 gigawatt annual additions approaching 2036-37 as several locations advance simultaneously. Current nuclear capacity stands at 8,780 megawatts, with government projections reaching 22,380 megawatts by 2031-32. Twenty-four operational reactors currently supply power, while 13,600 megawatts remain under various implementation phases.
The company explores partnerships with Tata Consulting Engineers, L&T, EDF, Rosatom, and Holtec for future projects. Multiple sites across India undergo evaluation for additional nuclear installations. Singh predicts the nation will achieve 10 gigawatt annual additions approaching 2036-37 as several locations advance simultaneously. Current nuclear capacity stands at 8,780 megawatts, with government projections reaching 22,380 megawatts by 2031-32. Twenty-four operational reactors currently supply power, while 13,600 megawatts remain under various implementation phases.