NTPC Warns Against Single Supplier Risk In 100 GW Nuclear Push

22 May 2026 CW Team

He spoke at a Central Electricity Authority workshop on operationalising the SHANTI Act and scaling nuclear capacity through public private partnership. Singh stressed that clear rules and faster implementation would be critical to convert legislative intent into investment. An official press release cited long term fuel availability, safety and energy security as priorities.

India’s present nuclear capacity is eight point seven eight GW excluding RAPS one and projects under implementation are expected to raise capacity to about 22 GW by 2031–32, according to a March 2026 government release. The 2047 ambition implies a more than tenfold expansion and NTPC aims to build 30 GW by that year while exploring sites across 14 states. Earlier reporting by Reuters said NTPC’s plans could entail partnerships and project financing at an estimated cost of $62 bn.

Singh indicated large capacity reactor sets should be the focus for a major power producer and that small modular reactors might be better suited for captive industrial use despite higher standby costs. Other officials emphasised source diversification for uninterrupted fuel supply and long term procurement. DAE and CEA representatives discussed financial preparedness, risk sharing mechanisms and global technology partnerships.

NTPC reports an installed group capacity of 89,805.30 megawatt (MW) across coal, gas, hydro, solar, wind and storage assets and holds 17 per cent of India’s total power generation capacity. The company contributed 24 per cent of total power generation as of March 31, 2026.

NTPC chairman Gurdeep Singh warned against overdependence on a single country or supplier as India pursues 100 gigawatt (GW) of nuclear power by 2047 under the SHANTI Act, 2025. He said diversified technology sourcing and long term fuel arrangements were essential to protect energy security and national control over technology. Singh added India should prefer domestic options even if they were five to 10 per cent costlier initially. He spoke at a Central Electricity Authority workshop on operationalising the SHANTI Act and scaling nuclear capacity through public private partnership. Singh stressed that clear rules and faster implementation would be critical to convert legislative intent into investment. An official press release cited long term fuel availability, safety and energy security as priorities. India’s present nuclear capacity is eight point seven eight GW excluding RAPS one and projects under implementation are expected to raise capacity to about 22 GW by 2031–32, according to a March 2026 government release. The 2047 ambition implies a more than tenfold expansion and NTPC aims to build 30 GW by that year while exploring sites across 14 states. Earlier reporting by Reuters said NTPC’s plans could entail partnerships and project financing at an estimated cost of $62 bn. Singh indicated large capacity reactor sets should be the focus for a major power producer and that small modular reactors might be better suited for captive industrial use despite higher standby costs. Other officials emphasised source diversification for uninterrupted fuel supply and long term procurement. DAE and CEA representatives discussed financial preparedness, risk sharing mechanisms and global technology partnerships. NTPC reports an installed group capacity of 89,805.30 megawatt (MW) across coal, gas, hydro, solar, wind and storage assets and holds 17 per cent of India’s total power generation capacity. The company contributed 24 per cent of total power generation as of March 31, 2026.

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