NTPC Explores Global Uranium Assets to Boost Nuclear Power Projects
24 Sep 2025 CW Team
Currently, nuclear energy contributes 2% (8,180 MW) of India’s total installed capacity (4,75,212 MW).
NTPC nuclear projects, Uranium acquisitions India, Clean energy India, Mahi Banswara Nuclear Project, ANEEL fuel collaboration Low-carbon power
India’s largest power producer, NTPC Limited, is strengthening its focus on clean energy by exploring nuclear power opportunities. The company is evaluating overseas uranium acquisitions to secure fuel for upcoming nuclear plants, marking a significant step in its transition from conventional coal-based operations.
Strategic Shift Toward Nuclear
Founded in 1975 as a thermal power producer, NTPC now has a total installed capacity of 83,026 MW across coal, gas, hydro, and solar. To expand non-fossil fuel capacity, the company is preparing to commission nuclear projects, both independently and through partnerships.
NTPC’s board has approved a draft MoU with Uranium Corporation of India Ltd (UCIL) to carry out joint techno-commercial due diligence of overseas uranium assets, ensuring access to critical nuclear fuel resources.
Key Projects and Collaborations
- Anushakti Vidhyut Nigam (ASHVINI): NTPC’s JV with Nuclear Power Corporation of India (NPCIL) is developing the 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan (NPCIL 51 per cent, NTPC 49 per cent).
- NTPC Parmanu Urja Nigam (NPUNL): A dedicated subsidiary established in January 2025 to pursue nuclear projects independently.
- Ongoing discussions with US-based Clean Core Thorium Energy (CCTE) to explore deployment of ANEEL fuel for next-generation nuclear reactors.
Nuclear Power in India
Currently, nuclear energy contributes 2 per cent (8,180 MW) of India’s total installed capacity (4,75,212 MW). The government aims to achieve 100 GW of nuclear capacity by 2047. Nuclear power is seen as a reliable, low-carbon base-load option, complementing intermittent renewables like wind and solar.
Through strategic uranium acquisitions and strengthened partnerships, NTPC is positioning itself as a key player in India’s nuclear energy sector, supporting the nation’s clean energy targets and providing dependable power for the future.
News source: Angel One