NTPC Signs Non Binding MoU With EDF On Nuclear Cooperation
The framework includes efforts to understand EDF's EPR technology and its suitability for Indian requirements, to explore opportunities to maximise localisation for large-scale deployment, and to examine economic and tariff aspects. It also covers development of human resource capabilities through training programmes and evaluation of potential project sites. Technical support provisions will be considered as mutually agreed between the parties.
This initiative aligns with NTPC's strategy to expand into clean and reliable energy and to contribute to India's long-term energy security. NTPC's strategic plan includes a balanced mix of thermal, hydro, solar and wind power plants to ensure supply of reliable, affordable and sustainable electricity. The collaboration with EDF is intended to complement ongoing efforts in new business areas such as e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power and green hydrogen solutions.
NTPC Limited, India's largest integrated power utility, currently operates more than 89 gigawatt (GW) of installed capacity, with a further 32 GW under construction. The company has set a target to reach 149 GW of total capacity by 2032, including 60 GW from renewable energy sources. The MoU is non binding and does not by itself create any binding legal obligations but provides a mechanism to progress joint studies and assessments.