New Delhi, February 5, 2026 – State-owned power giant NTPC Ltd. has announced ambitious plans to expand into nuclear energy, targeting 30 GW of nuclear capacity by 2047, contributing to India’s national goal of 100 GW nuclear power capacity by mid-century.
This move marks a significant diversification for NTPC, historically known for coal, hydro, and renewable energy generation. The expansion into nuclear power aims to strengthen energy security, reduce carbon emissions, and provide stable long-term base-load capacity.
Two-Pronged Expansion Strategy
NTPC’s nuclear roadmap is structured around two main pillars:
1. Joint Venture with NPCIL — ASHVINI
-
NTPC, in partnership with Nuclear Power Corporation of India Limited (NPCIL), operates the joint venture Anu Shakti Vidyut Nigam Limited (ASHVINI).
-
Through ASHVINI, NTPC is developing the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) in Banswara, Rajasthan.
-
The project consists of 4×700 MW pressurized heavy water reactors (2,800 MW total).
-
First unit testing is projected by FY 2032-33.
2. Dedicated Nuclear Subsidiary — NPUNL
-
In January 2025, NTPC incorporated NTPC Parmanu Urja Nigam Limited (NPUNL), a wholly owned subsidiary focused on nuclear projects.
-
NPUNL explores advanced reactor technologies including pressurized water reactors (PWRs), small modular reactors (SMRs), and fast breeder reactors.
-
MoUs have been signed with states like Madhya Pradesh and Chhattisgarh for potential project sites.
Supporting India’s Nuclear Ambition
-
India plans to expand nuclear capacity to 100 GW by 2047 as part of its clean energy and climate commitments.
-
NTPC’s 30 GW contribution represents roughly one-third of this target.
-
NTPC has issued Expressions of Interest (EoIs) to attract international technology partners for large-scale nuclear collaborations.
Why This Matters
-
Energy Security: Nuclear provides reliable, 24/7 base-load power.
-
Decarbonization: Supports India’s climate goals and reduces power sector emissions.
-
Economic Impact: Projects like MBRAPP will create jobs, boost local supply chains, and foster technology development.
Looking Ahead
While nuclear projects have long gestation periods, NTPC’s dual strategy — through both a joint venture and a dedicated subsidiary — positions it to scale rapidly in atomic energy. With construction underway for the first project and planning in progress for next-generation technologies, NTPC is aligning its growth strategy